Brief overview of the AFR
The purpose of our fiscal year 2022 Agency Financial Report is to inform the president, Congress, and the American people how we used federal resources in fiscal year 2022 to reliably deliver the best customer experience and value in real estate, acquisition, and technology services to the Government and the American people. Providing these services at a good value to customers allows them to focus their resources on meeting their core missions. We produced both an AFR and an Annual Performance Report for FY 2022 available on GSA.gov under Annual Reports.
This AFR provides high-level financial analysis and highlights performance results through assessments of controls, a summary of challenges, and stewardship information. The report is prepared in line with various laws applicable to federal financial reporting and guidance issued by the Office of Management and Budget. The primary laws and guidance include:
- Chief Financial Officers Act of 1990.
- Federal Managers Financial Integrity Act of 1982.
- Federal Financial Management Improvement Act of 1996.
- Government Management Reform Act of 1994.
- Reports Consolidation Act of 2000.
- OMB Circular A-11, Preparation, Submission and Execution of the Budget.
- OMB Circular No. A-123, Management’s Responsibility for Enterprise Risk Management and Internal Control.
- OMB Circular No. A-136, Financial Reporting Requirements.
The APR is a detailed report on our progress toward achieving the goals and objectives described in the agency’s Strategic Plan [PDF - 1 MB] and Annual Performance Plan [PDF - 1 MB], including progress on the strategic objectives, performance goals, and agency priority goals. The APR will be delivered to Congress with GSA’s Congressional Budget Justification in February 2023.
How this report is organized
This AFR provides financial and performance information for the fiscal year beginning Oct. 1, 2021, and ending on Sept. 30, 2022, with comparative prior year data, where appropriate. The report begins with a message from GSA’s Administrator Robin Carnahan, followed by three main sections: