News & Feeds March 26, 2023

Federal Reserve Board releases annual audited financial statements

The Federal Reserve Board on Friday released the 2022 combined annual audited financial statements for the Reserve Banks. An independent public accounting firm engaged by the Board issued unqualified opinions, asserting that its audit found the financial statements for the Board and the Reserve Banks to be free of material misstatements in accordance with the applicable auditing standards. The Board released preliminary income and expense data earlier this year. Additionally, the Board released individual statements for the 12 Federal Reserve Banks, the Board, and 3 limited liability companies (LLCs) related to