oversight

Review of Audit Report of Boys Clubs of America

Published by the Government Accountability Office on 1977-03-29.

Below is a raw (and likely hideous) rendition of the original report. (PDF)

                         DOCUMENT RESUME
00295 - (A10518791

rReview of Audit RepcLt of Boys Clubs of America].   B-55712.
March 29, 1977. 1 pp.
Report to Rep. Peter V. Rodino, Jr., Chairman, House Committee
on the Judiciary; by Robert F. Keller, Deputy Comptroller
General.
Contact: Office of the General Counsel.
Budget Function: Miscellaneous: Financial management and
    Information Systems (1002).
Organization Concerned: Boys Clubs of America.
Congressional Relevance: House Committee on the Judiciary.
Authority:   (P.L. 889-504; 36 U.S.C, 1101). 36 U.S.C. 691.
         an audit report of the Boys Clubs of America for the
year ended September 30, 197$, was reviewed to determine whether
the report complied with financial reporting rgeqirements for
Federally-chartered corporation. The audit report was prepared
by a certified public accountant and included a statement of the
scope of the audit and the auditor's opinion that the financial
statements present fairly the financial position of the Boys
Clubs of America at the year's end.  Findings/Conclusiors: The
results of operations for the year ended September 30, 1976, are
presented in accordance with generally accepted accounting
principles. The audit and financial reporting requirements for
Federally-chartered corporations have been met. (RRS)
     0c~~    ^COMPTROLLER
              gt!&                    GENE AL. OP THE UNITEDO   TAnS
                                     WASHINGTON. D.C.   1O4



CD
      B-55712                                                          -MAR 2 9 1977


     The Honorable Peter W. Rodino, Jr.
     Chairman, Committee on the Judiciary
     House of Repreoentatives

     Dear Mr. Chairman:

          As requested in your letter of February 25, 1977, we have reviewed the
     audit report of the Boys' Clubs of America for the year ended September  30,
     1976. 0,r review was directed tc determining whpeher the report complies
     with the financial reporting requirements for federally chartered corpora-
     tions set forth in Public Law 88-504, approved August 30, 1964 (36 U.S.C.
     1101). The Boys' Clubs of America was chartered by the act of August 6, 1956
     (36 U.S.C. 691).

          The audit report was prepared by a firm of certified public accountants.
     It included a statement of the scope of audit and the auditor's opinion that
     the financial statements present fairly the financial position of the Boys'
     Clubs of America at September 3), 1976, and the results of operations and
     changes in fund balances for the ye'ar then ended, in conformity with generally
     accepted accounting principles applied on a basis consistent with the preced-
     ing year. In our opinion, the audit end financial reporting requirements of
     the act have been met.

            We are returning the audit report sent with your letter of February 25,
     1977.

                                              Sincerely yours,




                                    ,)ePUtY Comptroller General
                                             of the United States
     Enclosure