Financial Audit:

House Recording Studio Revolving Fund for 1989 and 1988

AFMD-90-88: Published: Jul 19, 1990. Publicly Released: Jul 19, 1990.

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Pursuant to a congressional request, GAO audited the House of Representatives Recording Studio Revolving Fund balance sheets as of December 31, 1989 and 1988, and the related statements of operations and cash flows for the years then ended.

GAO found that the House of Representatives Recording Studio Revolving Fund's financial statements presented fairly, in all material respects, its financial position as of December 31, 1989 and 1988, and the results of its operations and cash flows for the years then ended, in conformity with generally accepted accounting principles.

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