DOCUO!BIT RESOUI 00310 - rA1051880] (Restricted) CReview cf the Audit Report of the tV:erans of ecrld War I for Year Ended, 9/30/761. B-55712. larch 29, 1977. 1 pp. Report to Rap. Peter M. Rodino, Jr., Chairmar, House Coammittee on the Judiciary; by Robert F. Kellaer Deputy Coaptrollar General. Issue Area: Internal Auditing Syste.*: audtt Reports Quclity and Fcllovup (203). contact: office of the Comptrcller General. Budget Function: General Government: Central Fiscal Operations (803). Congreasional Relevance: Bouse Committee on the Judiciary. Authority: (P.L. 88-50; 36 U.S.C. 1101). 36 U.S.C. 761. GAO revieuvd the audit report of the Veterans of Yorld Var I for the year aded September 30, 1976, in crder to determine whether it complied with the financial reporting r-:uiremants for federally chartered corporetiona. Findings/conclusions: The posblic accountant who prepared the audit report stated that . financial statements aowuing the group'. financial condlJ',on and tbh results of the yeares operations conformed with generally accepted acccwsting principles. The accounting procedures used were consistent with those used in the preceding year. It was concluded that the aoudt and financial reporting requireaent of the chartering act were set. (DJE) 4•1B1v• (OMPTROLU.R Wq41CRAL OF TM1 U"MUTU 'Wdl~emIGN.r D.C. ISm STA'U B-55712 MAR 2 lWI The Honorable Peter V. Rodino, Jr. Chairman, Comittee on the Judiciary House of Representatives Dear Mr. Chairmav As requested in your letter of March 11, 1977, we have reviewed the audit report of the Veterans of World War I of the United States -of America for the year ended September 30, 1976. Our review was directed to determin- ing whether the report complies v'th the financial reporting requiremaents for federally chartered corporations set forth in Public Law 88-504, approved August 30, 1964 (36 U.S.C. 1101). The Veterans of World War I of the United States of America was chartered by the act of July 18, 1958 (36 U.S.C. 761). The audit report was prepared by a certified public accountant. It included a statement of the scope of audit and the auditor's opinion that the financial statem '.cs present fairly the financial position of the Veter- ans of World War I of the United States of America at September 30, 1976, and the results of operctions for the year then ended, in conformity with general!, r.cepted accan.tng principles applied on a basis consistent with tCot preceding year. L. our opinion, the audit and ffnancial reporting require- menLs of the act have been met. 'Je ,.re returning the audit' report sent with your letter of March'll; 1977. Sincerely yours, R. P. J=.r Deputr Comptroller General of the United States Enclosure A'
Review of the Audit Report of the Veterans of World War I for Year Ended September 30, 1976
Published by the Government Accountability Office on 1977-03-29.
Below is a raw (and likely hideous) rendition of the original report. (PDF)