Report on the Reclassified Financial Statements
We have audited the accompanying Reclassified Financial Statements of the U.S. Postal Service which comprises the Government-wide Treasury Account Symbol Adjusted Trial Balance System Reconciliation Report -Reclassified Balance Sheet as of September 30, 2019, and the related GTAS Reconciliation Reports -Reclassified Statement of Net Cost and Reclassified Statement of Changes in Net Position, for the year then ended.
For many rural residents, mail is a lifeline, providing connections with government, commerce, and each other. The local post office offers a community a sense of identity as well as a retail hub that serves a central role, even as rural populations continue to decline. It’s not just an American...
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If you’re facing a decision – especially a big one – you want to have all the facts so you can make the best choice. It’s also true for organizations, including the U.S. Postal Service. But in one area, as our...
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Retirement liabilities continue to play a starring role in the short- and long-term financial health of the U.S. Postal Service.
The Postal Service provides pension and health insurance benefits to its retirees through the Civil Service Retirement System (CSRS) and Federal Employees...
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The Postal Service considers mail to be delayed when it is not processed in time to meet the established delivery date. Delayed mail can adversely affect Postal Service customers and harm the organization’s brand.
The Postal Service uses contracted HCR supplier operated routes to transport mail and equipment between plants, post offices, or other designated points that receive or dispatch mail. In June 2016, the Postal Service implemented a GPS technology solution to manage their trailer fleet. The...
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