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FY 2005 Performance and Accountability Report

The fiscal year (FY) 2005 Performance and Accountability Report (PAR) informs the President, Congress, and the American people of how well the Department of Commerce has managed its finances and programs. The report combines detailed information regarding the Department’s audited financial statements, as required by the Government Management Reform Act of 1994, and its performance results, as required by the Government Performance and Results Act of 1993.

FY 2005 Performance and Accountability Report (Combined, single file version - PDF format - size: 10.7 MB)

Statement from the Secretary

Management Discussion and Analysis 

This section provides an overview of the financial and performance information contained in the Performance Section, Financial Section, and Appendices. It includes an overview of the Department’s organization, highlights of the Department’s most important performance goals and results, current status of systems and internal control weaknesses, and other pertinent information, such as the progress being made by the Department in implementing the President’s Management Agenda (PMA) and the key management challenges identified by the Office of Inspector General (OIG).

FY 2005 Performance and Financial Highlights

President's Management Agenda

Management Controls

The Inspector General's Statement of Management Challenges

FY 2005 Performance Section

This section provides the annual performance information. Included in this section is a detailed discussion and analysis of the Department’s performance in FY 2005. For each service and major office, the results are presented by each Performance Goal within the four Department Strategic Goals.

Strategic Goal 1: Provide the information and tools to maximize U.S. competitiveness and enable economic growth for American industries, workers, and consumers

Strategic Goal 2: Foster science and technological leadership by protecting intellectual-property, enhancing technical standards and advancing measurement science

Strategic Goal 3: Observe, protect and manage the Earth’s resources to promote environmental stewardship

Management Integration Goal: Achieve Organizational and Management Excellence

FY 2005 Financial Report

This section contains the details of the Department’s finances in FY 2005. A letter from the Department's Chief Financial Officer (CFO), is followed by the information on the Department's Financial Management, Debt Management, Payments Management, and audited financial statements, other supplemental financial information, and the Independent Auditor's Report.

Message from the Chief Financial Officer

Financial Management

Financial Statements and related supplemental information

Auditors Report


Appendix A: Performance and Resource Tables

Appendix B: Performance Goals and Measures that Have Been Discontinued or Changed

Appendix C: Improper Payments Information Act (IPIA) Reporting Details

Appendix D: Glossary of Acronyms

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