Agency Financial ReportDepartment of Veterans Affairs2024-09-17T10:48:28-04:00

-   Office Home
-   Our Directorates    - Actuarial Services
  - Asset Enterprise Management      - Directorate Home
    - Capital Asset Management
    - Capital Asset Policy, Planning and Strategy
    - Energy, Environment, and Fleet Program
    - Enhanced-Use Lease
  - Budget
  - Business Oversight
  - Finance      - Directorate Home
    - Agency Financial Report
    - Debt Management Center
    - Financial Policy
  - Financial Management Business Transformation      - Directorate Home
    - VA Financial Services Center
  - Revolving Funds      - Franchise Fund

- Home
- Administrations and Offices
- Management
- Finance

# 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 2023 AFR — Published November 15, 2023

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 25th consecutive year.
                    - Secretary’s Message  (PDF, 1 page, 1.84 MB)
                    - AFR Cover  (PDF, 2 pages, 9.18 MB)
                    - About the AFR  (PDF, 2 pages, 2.06 MB)
                    - Table of Contents (TOC)  (PDF, 1 page, 2.27 MB)
                    - Section I – Management’s Discussion and Analysis  (PDF, 38 pages, 7.95 MB)
                    - Section II – Financial Results  (PDF, 108 pages, 4.09 MB)
                    - Section III – Other Information  (PDF, 30 pages, 1.62 MB)
                    - Section IV – Appendix  (PDF, 10 pages, 2.36 MB)
                    - Full AFR  (PDF, 192 pages, 23.9 MB)

Provide feedback

Make a comment

## 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.

## Prior year reports

                    - Fiscal Year 2022  Archive
                    - Fiscal Year 2021  Archive
                    - Fiscal Year 2020  Archive
                    - Fiscal Year 2019  Archive
                    - Fiscal Year 2018  Archive
                    - Fiscal Year 2017  Archive
                    - Fiscal Year 2016  Archive
                    - Fiscal Year 2015  Archive
                    - Fiscal Year 2014  Archive  (22MB)
                    - Fiscal Year 2013  Archive  (23MB)  and  Highlights
                    - Fiscal Year 2012  Archive  (33MB)  and  Highlights
                    - Fiscal Year 2011  Archive  (33MB)  and  Highlights
                    - Fiscal Year 2010  Archive  (108MB)  and  Highlights
                    - Fiscal Year 2009  Archive  and  Highlights
                    - Fiscal Year 2008  Archive  and  Highlights
                    - Fiscal Year 2007  Archive  and  Highlights
                    - Fiscal Year 2006  Archive
                    - Fiscal Year 2005  Archive
                    - Fiscal Year 2004  Archive
                    - Fiscal Year 2003  Archive
                    - Fiscal Year 2002  Archive
                    - Fiscal Year 2001  Archive
                    - Fiscal Year 2000  Archive