Examination of the Rural Telephone Bank's Financial Statements for the Year Ended September 30, 1983

AFMD-84-72: Published: Sep 28, 1984. Publicly Released: Sep 28, 1984.

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GAO examined the statement of financial condition of the Rural Telephone Bank as of September 30, 1983, and the related statements of income, expenses, and changes in patronage capital and changes in financial condition for the year then ended.

GAO found that the financial statements presented fairly the Bank's financial position as of September 30, 1983, and the results of its operations, the changes in its patronage capital, and the changes in its financial position for the year then ended, in conformity with generally accepted accounting principles.

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