Agency Financial Report

VA’s Agency Financial Report (AFR) provides information enabling Congress, the President, and the public to assess our stewardship over the financial resources entrusted to us and our performance as an organization. The report provides results on VA’s progress towards providing America’s Veterans with the best in benefits and health care; a high-level summary of our accomplishments during the year; a discussion of the challenges we face going forward; an analysis of our financial position; and the Inspector General’s Statement on VA’s Major Management Challenges.

Exploring the AFR

The Office of Finance prepared the below informational video to help its readers better understand the contents of the VA AFR.

For additional information about the Office of Inspector General’s (OIG) reports and studies (including the Major Management Challenges shown in the AFR), please access the OIG’s website.

Fiscal Year 2024 AFR — Published November 15, 2024

The AFR includes our annual audited financial statements and the report on the audit of those financial statements, which have received a clean opinion for the 26th consecutive year.

Certificate of Excellence in Accountability Reporting

VA received its fifth consecutive Certificate of Excellence in Accountability Reporting (CEAR) from the Association of Government Accountants for the FY 2023 AFR and a Best-in-Class award award for the presentation of the most important forward-looking information and the AFR overview video. The CEAR award is the highest form of recognition in the Federal government financial community.

Certificate of Excellence in Accountability Reporting Award presented to the U.S. Department of Veterans Affairs in recognition of presentation of outstanding effort in preparing the Agency Financial Report for fiscal year 2023 by the Association of Government Accountants
Certificate of Excellence in Accountability Reporting Best-in-Class Award presented to the U.S. Department of Veterans Affairs in recognition of presentation of the most important forward-looking information in the Agency Financial Report for fiscal year 2023 by the Association of Government Accountants

Prior year reports