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) Page 2 GAO/AIMD-99-63R Blue Star Mothers of America, Inc.
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)