
all material respects, USAID’s financial position as of September 30, 2024, and its net cost of operations, changes in net position, and budgetary resources for the fiscal years then ended in accordance with U.S. generally accepted accounting principles.
U.S. Agency for International Development
Concurrently, USAID is beginning to implement a Reduction-in-Force that will affect approximately 1,600 USAID personnel with duty stations in the United States. Individuals that are impacted will receive specific notifications on February 23, 2025, with further instructions and information about their benefits and rights.
Dollars to Results includes USAID foreign assistance spending and results data. These figures come from the Agency’s enterprise-wide financial accounting system, Phoenix, and the interagency foreign assistance reporting tool, FACTS Info, which the …
USAID funds billions of dollars in humanitarian assistance and development programming through UN agencies across the globe, often in nonpermissive environments such as Gaza, Ukraine, Sudan, Syria, and Haiti.
In our opinion, USAID's financial statements referred to above present fairly, in all material respects, USAID's financial position as of September 30, 2023, and 2022, and its net cost of operations, changes in net position, and budgetary resources for the fiscal years then ended in accordance with U.S. generally accepted accounting principles.
USAID recorded the acquisition of 43 capital assets in Quarter 2 of fiscal year (FY) 2024 based on the results of its quarterly data call to the Overseas Management Division (OMD), Office of the Chief Information Officer (CIO), and USAID missions.
During FY 2019, USAID conducted two large-scale budget execution efforts simultaneously: finalizing 653(a) levels for FY 2019 funds for future obligation and finalizing obligation of FY 2018 funds before they expired.
expenditures of USAID awards disclosed that USAID’s audited expenses were $65,416,072 for the year ended December 31, 2022. EY concluded that the schedule of expenditures presented fairly, in all material respects, the programs’ revenues, costs incurred and reimbursed, and commodities and technical assistance
USAID’s fiscal year 2020 budget. USAID manages nearly $30 billion in budgetary resources to expand economic growth, create markets and trade partners for the United States, and promote stable and free societies. In addition to promoting good will abroad, these investments help advance U.S. national security interests.
Fiscal Year (FY) 2019 Development and Humanitarian Assistance …
The President’s Fiscal Year (FY) 2019 Budget for USAID supports the President’s commitment to serve the needs of American citizens, ensure their safety, promote their prosperity, preserve their rights, and defend their values, as outlined in the President’s National Security Strategy.
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