Federally Chartered Corporation:

Review of the Financial Statement Audit Report for the Civil Air Patrol, Incorporated, for Fiscal Years 1996 and 1997

AIMD-00-112R: Published: Mar 3, 2000. Publicly Released: Mar 3, 2000.

Additional Materials:


David L. Clark, Jr
(202) 512-3000


Office of Public Affairs
(202) 512-4800

Pursuant to a congressional request, GAO reviewed the audit report covering the financial statements of the Civil Air Patrol, Incorporated, for the fiscal years ended September 30, 1996 and 1997, focusing on whether the audit report complied with the financial reporting requirements of the law.

GAO noted that: (1) the audit report included the auditor's opinion that with certain exceptions, the financial statements of the corporation were presented in accordance with generally accepted accounting principles; (2) the exceptions related to units below wing level not being audited and not being included in these financial statements, certain donated assets not being properly valued, and certain accounting records being inadequate; and (3) the effects of these exceptions were not readily determinable.

Oct 2, 2017

  • auditing icon, source: PhotoDisc

    U.S. Territories:

    Public Debt Outlook
    GAO-18-160: Published: Oct 2, 2017. Publicly Released: Oct 2, 2017.

Sep 26, 2017

Jul 13, 2017

Jul 12, 2017

Jun 30, 2017

Jun 29, 2017

Jun 14, 2017

Jun 13, 2017

May 25, 2017

Looking for more? Browse all our products here