2. Prepare Annual Reports
As part of its obligation under the law to compile data into reports, the Postal Service must prepare additional information on a yearly basis as presented in the following table.
| Annual Report | Purpose |
|---|---|
| Annual Compliance Report | Provided to Postal Regulatory Commission (PRC) to present analysis of costs, revenue, pricing, and quality of service for all products. For market dominant products, also presents measures of customer satisfaction, and information about discounts and market tests. |
| SEC-Formatted Financial Reports | Provided to PRC to present detailed financial information: quarterly (10-Q format), yearly (10-K format), and significant financial events (8-K format). |
| Competitive Products Fund | Provided to U.S. Treasury and PRC to account for withdrawals from revolving Competitive Products Fund to pay costs attributable to competitive products and all other costs incurred by Postal Service. |
| Financial Firewall and Competitive Products Fund | Provided to U.S. Treasury, PRC, and Office of Inspector General (OIG) to show separation of financial accounting between competitive and market dominant products. |
| Annual Report on Operations | Provided by PRC to President and U.S. Congress on PRC operations under new regulatory system and extent to which regulations meet objectives. An estimate of costs incurred by Postal Service for providing postal services, free or reduced prices as required by law, and other public services and activities. |