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Audit of the U.S. Department of Justices Contract Actions Reported by Contracting Officers into the Federal Procurement Data System Next GenerationAUDIT DIVISION 24104SEPTEMBER 2024Audit of the U.S.
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The audit of Form US refers to the process of reviewing and verifying the information provided in the Form US financial statements to ensure accuracy and compliance with applicable laws and regulations.
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Entities that have a certain size, or those that meet specific regulatory requirements, typically corporate entities and organizations that are governed by federal or state laws, are required to file an audit of Form US.
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The purpose of the audit of Form US is to provide assurance to stakeholders that the financial statements present a true and fair view of the organization's financial position and operations.
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Information that must be reported includes financial statements, auditor’s opinion, notes to the financial statements, and disclosures about significant accounting policies.
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