U.S. Department of State Fiscal Year 2019 Agency Financial Report

Summary of Financial Statement Audit and Management Assurances A  s described in this report’s section called Departmental Governance, the Department tracks audit material weaknesses as well as other requirements of the Federal Manager’s Financial Integrity Act of 1982 (FMFIA). Below is management’s summary of these matters as required by OMB Circular A-136, Financial Reporting Requirements , revised. S ummary of F inancial S tatement A udit Audit Opinion: Unmodified Restatement: No MATERIAL WEAKNESSES BEGINNING BALANCE NEW RESOLVED CONSOLIDATED ENDING BALANCE Total Material Weaknesses 0 0 0 0 0 S ummary of M anagement A ssurances MATERIAL WEAKNESSES BEGINNING BALANCE NEW RESOLVED CONSOLIDATED REASSESSED ENDING BALANCE EFFECTIVENESS OF INTERNAL CONTROL OVER FINANCIAL REPORTING (FMFIA § 2) Statement of Assurance: Unmodified Total Material Weaknesses 0 0 0 0 0 0 EFFECTIVENESS OF INTERNAL CONTROL OVER OPERATIONS (FMFIA § 2) Statement of Assurance: Unmodified Total Material Weaknesses 0 0 0 0 0 0 CONFORMANCE WITH FEDERAL FINANCIAL MANAGEMENT SYSTEM REQUIREMENTS (FMFIA § 4) Statement of Assurance: Federal systems conform to financial management system requirements Total Non-conformances 0 0 0 0 0 0 AGENCY AUDITOR COMPLIANCE WITH SECTION 803(a) OF THE FEDERAL FINANCIAL MANAGEMENT IMPROVEMENT ACT (FFMIA) 1. Federal Financial Management System Requirements Compliance noted Lack of compliance noted 2. Applicable Federal Accounting Standards Compliance noted Compliance noted 3. USSGL at Transaction Level Compliance noted Compliance noted DEFINITION OF TERMS Beginning Balance: The beginning balance must agree with the ending balance from the prior year. New: The total number of material weaknesses/non-conformances identified during the current year. Resolved: The total number of material weaknesses/non-conformances that dropped below the level of materiality in the current year. Consolidated: The combining of two or more findings. Reassessed: The removal of any finding not attributable to corrective actions (e.g., management has re-evaluated and determined that a finding does not meet the criteria for materiality or is redefined as more correctly classified under another heading). Ending Balance: The year-end balance that will be the beginning balance next year. 136 | U nited S tates D epartment of S tate 2019 A gency F inancial R eport OTHER INFORMATION | SUMMARY OF FINANCIAL STATEMENT AUDIT AND MANAGEMENT ASSURANCES