What does the PAR report provide?

The Performance and Accountability Report (PAR) provides critical information regarding the performance and accountability of federal agencies and programs. This report is essential for the government as it combines financial statements and performance information to give a comprehensive overview of an agency's effectiveness in meeting its goals and objectives.

The PAR offers insights into both the quality of services provided and the management of resources, enabling stakeholders—including Congress, the public, and agency officials—to evaluate how well agencies are fulfilling their missions and utilizing taxpayer dollars. Through this integration of performance measures and financial data, the PAR serves to increase transparency and accountability within the governmental framework, ensuring that agencies are responsible for their outcomes.

By focusing on performance results, the PAR helps inform decision-making processes and aids in the improvement of government services, making it an integral part of governmental reporting and accountability mechanisms.