Financial Audit:

Rural Telephone Bank's Financial Statements for 1986

AFMD-87-54: Published: Sep 30, 1987. Publicly Released: Sep 30, 1987.

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GAO examined the Rural Telephone Bank's financial statements and the results of its operations, changes in stockholders' equity, and the changes in financial position for the year ended September 30, 1986.

GAO found that the financial statements presented fairly the Bank's financial position and the results of its operations, changes in stockholders' equity, and changes in financial position for the year then ended, in conformity with generally accepted accounting principles applied on a consistent basis.

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