Review of the Neighborhood Reinvestment Corporation's Financial Statements for the Year Ended September 30, 1982

AFMD-83-55: Published: Apr 13, 1983. Publicly Released: Apr 13, 1983.

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GAO reviewed an audit of the Neighborhood Reinvestment Corporation by an independent certified public accounting firm which found that the corporation's financial statements presented fairly the financial position of the corporation as of September 30, 1982, and the results of its operations for the year then ended, in conformity with generally accepted accounting principles applied on a consistent basis.

During its review, GAO found nothing that would indicate that the accounting firm's opinion on the corporation's 1982 financial statements was inappropriate or could not be relied upon. The accounting firm's audit and the corporation's 1982 financial statements were transmitted to Congress.

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