To whom is the Annual Statement of Assurance submitted and when?

To whom is the Annual Statement of Assurance submitted and when?

• A. OMB, 45 days after end of FY
• B. DoD Component Heads, by End of FY
• C. OMB, by Sep 1
• D. SECDEF, by Oct 1

Answer: (A)

The key idea is knowing who receives the annual assurance and when the DoD must file it. The Annual Statement of Assurance is the formal assertion DoD makes about the accuracy of its financial statements and the effectiveness of internal controls. It is submitted to the Office of Management and Budget (OMB) within 45 days after the end of the fiscal year. Since the DoD fiscal year ends on September 30, that submission window falls roughly mid‑November each year. The recipient is OMB, not DoD Component Heads, and the deadline is 45 days after year-end, not September 1 or October 1.

The key idea is knowing who receives the annual assurance and when the DoD must file it. The Annual Statement of Assurance is the formal assertion DoD makes about the accuracy of its financial statements and the effectiveness of internal controls. It is submitted to the Office of Management and Budget (OMB) within 45 days after the end of the fiscal year. Since the DoD fiscal year ends on September 30, that submission window falls roughly mid‑November each year. The recipient is OMB, not DoD Component Heads, and the deadline is 45 days after year-end, not September 1 or October 1.