The DoD issues the annual DoD Agency Financial Report, which includes the DoD Agency‑Wide Financial Statements and the Component‑level financial statements, to provide an overview of its financial and operational performance. The DoD OIG audits the DoD Agency‑Wide Financial Statements and oversees the independent public accountants who audit the DoD Components’ financial statements to determine whether the financial statements are presented in accordance with Generally Accepted Accounting Principles (GAAP). GAAP establishes accounting concepts and principles to ensure that an organization’s financial statements are clear, consistent, and comparable.