Financial Audit:

House Beauty Shop Revolving Fund Financial Statements for 1985 and 1984

AFMD-86-56: Published: Aug 7, 1986. Publicly Released: Aug 7, 1986.

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In response to a congressional request, GAO examined the House of Representatives Beauty Shop Revolving Fund's balance sheets, statements of operations, and changes in financial position as of December 31, 1985 and 1984.

GAO found that the financial statements: (1) presented fairly the financial position of the fund and the results of its operations and changes in its financial position; (2) conformed with generally accepted accounting principles and policies; and (3) had no material weaknesses.

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