The DoD prepares the annual DoD Agency Financial Report and the Component‑level financial statements to provide an overview of the financial and operational performance of the DoD and its Components. The DoD issued its FY 2024 DoD Agency Financial Report, which included the FY 2024 DoD Agency‑Wide Financial Statements, on November 15, 2024. The DoD OIG performed an audit of the FY 2024 DoD Agency‑Wide Financial Statements and oversaw independent public accountants (IPAs) as they performed audits of the DoD Components’ financial statements. Collectively we performed the audits to determine whether the DoD and its Components presented their financial statements 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.