Today, the Oregon Secretary of State’s office is releasing the fiscal year 2025 Keeping Oregon Accountable Report, a summary of auditors’ reviews of the state’s financial statements and compliance with federal program requirements.
Financial auditors look at financial transactions, evaluating the controls agencies apply to ensure accurate financial information, offering recommendations for improved accounting, and presenting their conclusions about the accuracy of the state’s financial statements.
As part of this report, auditors also follow up on findings from previous financial audits to see if agencies fixed problems that were identified. Auditors then measure the impact of those changes. This information is a key element of the report, providing an accessible way for Oregonians to know whether state agencies are following through on their commitment to implement audit recommendations.
Beginning with next fiscal year’s Keeping Oregon Accountable Report, the Secretary of State’s office will also share agency progress on performance audits and IT audits. That means Oregonians will have an even clearer picture of whether state agencies are improving over time and delivering results.
“By publishing strong, independent audits and consistently following up on the implementation of recommendations, my hope is that we can continue to close the gap between good intentions and great outcomes in Oregon state government,” Oregon Secretary of State Tobias Read said. “Audits are most effective when they lead to real, meaningful action.”