Financial Audit:

House Beauty Shop Revolving Fund Financial Statements for 1990 and 1989

AFMD-92-3: Published: Dec 27, 1991. Publicly Released: Dec 27, 1991.

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Pursuant to a legislative requirement and a congressional request, GAO audited the House of Representatives Beauty Shop Revolving Fund's balance sheets as of December 31, 1990 and 1989, and the related statements of operations and cash flows for the years then ended.

GAO found that the financial statements presented fairly, in all material respects, the financial position of the House of Representatives Beauty Shop Revolving Fund as of December 31, 1990 and 1989, 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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