Comprehensive Annual Financial Reports

The DC WASA Comprehensive Annual Financial Reports are completed annually after the close of the fiscal year and the completion of the independent audit. The auditing process reviews the practices related to accounting, financial reporting, budgeting, procurement and internal processes and controls.

The external audit process not only certifies that an enterprise adheres to standard accounting practices, but also that internal controls support the achievement of the organizations goals and mission. The Authority undergoes a thorough external auditing process each year, generally spanning three months. In addition, an interim audit may be conducted prior to the close of the fiscal year to identify any areas or processes that might warrant additional investigation by DC WASA.