The Social Security Administration’s Financial Reporting for Fiscal Year 2025

OIG contracted with the independent certified public accounting firm Ernst & Young LLP to audit the financial statements of SSA, which comprise the consolidated balance sheet as of September 30, 2025, the related consolidated statements of net cost and changes in net position and combined statement of budgetary resources for the year then ended, the statements of social insurance as of January 1, 2025, 2024 and 2023, and the related statements of changes in social insurance amounts for the periods January 1, 2024 to January 1, 2025 and January 1, 2023 to January 1, 2024, and the related notes (collectively referred to as the “financial statements”). We also contracted with Ernst & Young to provide an opinion on internal control over financial reporting and report on compliance and other matters.