oversight

Federally Chartered Corporation: Review of the Financial Statement Audit Report for the Blue Star Mothers of America, Inc., for Fiscal Year 1997

Published by the Government Accountability Office on 1999-02-19.

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

       United States
GA O   General Accounting Office
       Washington, D.C. 20548

       Accounting and Information
       Management Division

       B-281841



       February 19, 1999


       The Honorable Henry J. Hide -
       Chairman, Committee on the Judiciary
       House of Representatives


       Subject:    Federally Chartered Corporation: Review of the Financial Statement
                  Audit Report for the Blue Star Mothers of America. Inc.. for Fiscal Year
                  1997

       Dear Mr. Chairman:

       As requested, we reviewed the audit report covering the financial statements of the Blue Star
       Mothers of America, Inc., a federally chartered corporation, for the fiscal year ended August
       31, 1997. The purpose of the organization is, among other things, perpetuating the memory of
       all the men and women who have served our country as members of the armed forces and
       caring for unsupported mothers who gave their sons to the service of the nation.

       Federally chartered corporations are required under 36 U.S.C. 1102-1103 to

       *   present the corporation's assets and liabilities and reasonable detail on the corporation's
           income and expenses in annual financial statements,

       ·   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 our review was to determine whether the audit report complied 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 corporation officials or the auditor as we deemed
       necessary. We did not review the auditor's working papers. Our review disclosed no
       reportable instances of noncompliance.




                                                GAO/AIMD-99-63R Blue Star Mothers of America, Inc.
B-281841



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,




David L. Clark
Director, Audit Oversight and Liaison


Enclosure




(911913)




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                                        GAO/AIMD-99-63R Blue Star Mothers of America, Inc.