Financial Audit:

Senate Recording and Photographic Studios Revolving Fund--FY 1986 and 1985

AFMD-87-2: Published: Dec 30, 1986. Publicly Released: Dec 30, 1986.

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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, 1986 and 1985, 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 fund as of March 31, 1986 and 1985, 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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