Thomas J. Lankford, Inc., Financial Statements--September 30, 1984 and 1983
AFMD-86-26: Published: Mar 28, 1986. Publicly Released: Mar 28, 1986.
- Full Report:
GAO reviewed the balance sheets of Thomas J. Lankford, Inc., the wholly owned corporation of the minority printing clerk, House of Representatives, and the related statements of operations, retained earnings, and changes in financial position for the years ended September 30, 1983 and 1984.
GAO found that: (1) the financial statements conformed with generally accepted accounting principles and financial accounting policies; (2) although the firm's internal control system was not evaluated, substantive audit tests did not show any material weaknesses in the system; and (3) the firm complied with the terms and provisions of the laws which regulate financial transactions.