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FY 2008 Performance and Accountability Report

The fiscal year (FY) 2008 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.

This is the full combined single file version in PDF format (size: 16.4 MB)

Or you may download sections of the PAR:

Management's Discussion and Analysis  (PDF - 7.2 MB)

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, the current status of systems, and internal control weaknesses. It also includes other pertinent information, such as the progress being made by the Department in implementing the President’s Management Agenda and the key management challenges identified by the Office of Inspector General. This section contains these elements:

  • Statement from the Secretary
  • Mission and Organization
  • FY 2008 Performance and Financial Highlights
  • The Department of Commerce Process for Strategic Planning and Performance Reporting
  • Most Important Results
  • Stakeholders and Crosscutting Programs
  • The President's Management Agenda
  • Management Controls
  • The Inspector General's Statement of Management Challenges
  • Actions Taken to Address the Management Challenges
  • Program Assessment Rating Tool (PART) Status
  • High Risk Issues / 2010 Census

FY 2008 Performance Section (PDF - 5.7 MB)

This section provides the annual performance information, including a detailed discussion and analysis of the Department’s performance in FY 2008. For each bureau and major office, the results are presented by each Performance Objective within the four Department Strategic Goals. This section contains:

  • Introduction
  • 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 2008 Financial Statements (PDF - 3.6 MB)

This section contains the details of the Department’s finances in FY 2008. A letter from the Department's Chief Financial Officer (CFO) is followed by the information on the Department's Financial Management and Analysis, Debt Management, Payments Practices, audited financial statements, other supplementary financial information, and the Independent Auditors' Report. This section includes:

  • Message from the Chief Financial Officer
  • Financial Management and Analysis
  • Principal Financial Statements, Notes, Balance Sheet, and Supplementary Information
  • Independent Auditors' Report

Appendices (PDF - 4.2 MB)

  • Appendix A: Performance and Resource Tables
  • Appendix B: Improper Payments Information Act (IPIA) of 2002 Reporting Details
  • Appendix C: Summary of Financial Statement Audit and Management Assurance
  • Appendix D: Glossary of Key Acronyms
  • Acknowledgements and Contacts

Additional Information (individual PDF files)

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