United States iSA0 General Accounting Office Washington, D.C. 20548 Accounting and Information Management Division B-281849 March 30,1999 The Honorable Henry J. Hyde Chairman, Committee on the Judiciary House of Representatives Subject: Federallv Chartered Corooration: Review of the Financial Statement Audit ReDort for the Militarv Cha&ins Association of the United States of America for 1997 Dear Mr. Chairman: As requested, we reviewed the audit report covering the financial statements of the Military Chaplains Association of the United States of America, a federally chartered corporation, for the year ended December 31,1997. The corporation was established to assist chaplains in the performance of the duties, promote the effectiveness of the Military Chaplaincy and encourage individuals to enter the chaplaincy. Federally chartered corporations are required under 36 U.S.C. 1102-1103to l present the corporation’s assets and liabilities and reasonable detail on the corporation’s income and expenses in annual financial statements, l obtain an annual financial audit by an independent public accountant, and . submit the auditor’s report and the corporation’s financial statements to the Congress. The objective of OUTreview was to determine whether the audit report coinplied with the financial reporting requirements of the law. In carrying out our work, we reviewed the corporation’s financial statements and the accompanying notes, performed certain analytical procedures related to information presented in the financial statements, reviewed the auditor’s report, and made inquiries to cor$oration off%%ls or the auditor as we deemed necessary. We did not review the auditor’s working papers. Our review disclosed no reportable instances of noncompliance. /6/Q 79 GAO/AIMD-99-133R Military Chaplains Association of the U.S.A. B-281849 The audit report included the auditor’s opinion that the financial statements of the corporation were fairly presented in conformity with generally accepted accounting principles. We are returning the audit report you sent with your letter. Sincerely yours, .T David L. Clark Director, Audit Oversight and Liaison w/o enclosure (911921) Page 2 GAO/AIMD-99-133R Military Chaplains Association of the U.S.A. Ordering Information The first copy of each GAO report and testimony is free. Additional copies are $2 each. Orders should be sent to the following address, accompanied by a check or money order made out to the Superintendent of Documents, when necessary. VISA and Mastercard credit cards are accepted, also. Orders for 100 or more copies to be mailed to a single address are discounted 25 percent. Orders by mail: U.S. General Accounting Office P.O. Box 37050 Washington, DC 20013 or visit: Room 1100 700 4th St. NW (corner of 4th and G Sts. NW) U.S. General Accounting Office Washington, DC Orders may also be placed by calling (202) 512-6000 or by using fax number (202) 512-6061, or TDD (202) 512-2537. Each day, GAO issues a list of newly available reports and testimony. To receive facsimile copies of the daily list or any list from the past 30 days, please call (202) 512-6000 using a touchtone phone. A recorded menu will provide information on how to obtain these lists. For iuformation on how to access GAO reports on the INTEBNET, send an e-mail message with “info” in the body to: info&vww.gao.gov or visit GAO’s World Wide Web Home Page at: httpz/%ww.gao.gov PRINTED ON (@@ RECYCLED PAPER United States Bulk Mail General Accounting Office Postage & Fees Paid Washington, D.C. 20548-0001 GAO I Permit No. GlOO 1 Official Business Penalty for Private Use $300 Address Correction Requested
Federally Chartered Corporation: Review of the Financial Statement Audit Report for the Military Chaplains Association of the United States of America for 1997
Published by the Government Accountability Office on 1999-03-30.
Below is a raw (and likely hideous) rendition of the original report. (PDF)