Financial Audit:

Federal Housing Administration Fund's 1987 Statement of Financial Position

AFMD-89-3: Published: May 12, 1989. Publicly Released: May 12, 1989.

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Pursuant to a legislative requirement, GAO reviewed the Federal Housing Administration (FHA) Fund's consolidated statement of financial position as of September 30, 1987.

GAO found that the FHA Fund's consolidated statement of financial position fairly presented its financial position as of September 30, 1987, in conformity with generally accepted accounting principles.

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