Financial Audit:

House Beauty Shop Revolving Fund Financial Statements for 1986 and 1985

AFMD-87-40: Published: Jul 20, 1987. Publicly Released: Jul 20, 1987.

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In response to a congressional request, GAO examined the balance sheets of the House of Representatives Beauty Shop Revolving Fund as of December 31, 1986 and 1985, and the related statements of operations and changes in financial position for the years then ended.

GAO concluded that the financial statements presented fairly the financial position of the House Beauty Shop Revolving Fund as of December 31, 1986 and 1985, and the results of its operations and the changes in its financial position for the years then ended, in conformity with generally accepted government accounting principles.

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