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Auditors Issue Annual Keeping Oregon Accountable Report

SALEM, OR — The Audits Division of the Oregon Secretary of State’s Office released the annual Keeping Oregon Accountable report today. The report summarizes the results of the Oregon Audits Division’s two largest annual audits: the audit of Oregon’s financial statements, otherwise known as the Annual Comprehensive Financial Report, and a compliance audit of the state’s administration of federal programs, otherwise known as the Statewide Single Audit.

“Auditors from my office poured over the numbers to make sure state resources are properly accounted for,” said Secretary of State Shemia Fagan. “This is one way we’re working to build trust with Oregonians.”

The division audited 18 federal programs at 11 agencies and issued 29 findings and recommendations. Auditors issue a clean opinion of 16 of the audited federal programs while issuing a qualified opinion for two programs, suggesting improvements to the state’s Temporary Assistance for Needy Families and Low-Income Home Energy Assistance programs. Additionally, auditors questioned whether $10,031,362 in expenditures were appropriately paid with federal funds.

Auditors also issued a clean opinion of the state’s financial statements for the fiscal year 2021, identifying $1.7 billion in accounting errors, all of which were identified as unintentional. Accounting errors refer to transactions that were incorrectly categorized. The money identified here was still used for appropriate state government purposes. Auditors proposed steps agencies can take to correct those errors.

The Secretary of State Audits Division annually audits the State of Oregon’s financial statements and compliance with federal program requirements. The federal government requires these audits for the financial assistance Oregon receives annually. These audits determine whether amounts reported in Oregon’s financial statements are materially correct and adequately supported; evaluate the state’s administration of major federal programs for compliance with applicable laws, rules, and regulations; conclude whether the Schedule of Expenditures of Federal Awards is fairly presented in relation to the state’s financial statements, and review accounting and compliance control procedures.

The Keeping Oregon Accountable report is available on the Audit Division’s website

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