Financial Audit:

Senate Recording and Photographic Studios Revolving Fund FY 1985 and 1984

AFMD-86-1: Published: Dec 18, 1985. Publicly Released: Dec 18, 1985.

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In response to a congressional request, GAO examined the balance sheets of the Senate Recording and Photographic Studios Revolving Fund as of March 31, 1985 and 1984, and the related statements of operations and changes in financial position for the fiscal years then ended.

GAO found that the financial statements presented fairly the financial position of the Senate Recording and Photographic Studios Revolving Fund as of March 31, 1985 and 1984, and the results of its operations and the changes in its financial position for the fiscal years then ended, in conformity with generally accepted accounting principles applied on a consistent basis.

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