About this Report

2018 AFR Banner Image

This Agency Financial Report (AFR) for fiscal year (FY) 2018 presents the General Services Administration (GSA) Financial Information relative to our vital mission and stewardship of the resources entrusted to the agency.

The AFR also highlights GSA’s priorities, accomplishments and challenges.

In accordance with the Office of Management and Budget (OMB) Circular A-136, Financial Reporting Requirements, GSA produces the following reports: (i) an AFR issued by November 15, 2018 and (ii) an Annual Performance Report (APR) submitted with the GSA Congressional Budget Justification to be issued by February 4, 2019. The AFR and the APR will be available online at: https://www.gsa.gov/reference/reports/budget-performance/annual-reports.

How this Report is Organized

This AFR provides financial and performance information for the FY beginning October 1, 2017, and ending on September 30, 2018, with comparative prior year data, where appropriate. The AFR demonstrates GSA’s commitment to our mission and accountability to Congress and the American people. This report presents GSA’s mission, accomplishments, and challenges. The AFR begins with a message from our Administrator, Emily Murphy, followed by three main sections:

Section 1: Management's Discussion and Analysis

  1. Organization
  2. Performance Summary
  3. Financial Statements Summary and Analysis
  4. GSA Management Assurances

Section 2: Financial Section

  1. Letter from the Chief Financial Officer
  2. Inspector General's Transmittal of the Independent Auditors' Report
  3. The Independent Auditors' Report
  4. Consolidated Financial Statements
  5. Notes to the Financial Statements
  6. Consolidating Financial Statements
  7. Required Supplemental Information (Unaudited)

Section 3: Other Information

  1. Inspector General's Assessment of Management Challenges & GSA's Responses
  2. Summary of Financial Statement Audit and Management Assurances (Unaudited)
  3. Payment Integrity
  4. Fraud Reduction Report
  5. Other GSA Statutorily Required Reports (Unaudited)
  6. Reduce the Footprint (Unaudited)
  7. Civil Monetary Penalties Inflation Adjustment
  8. Acronyms and Abbreviations
Last Reviewed: 2018-12-18