Federally Chartered Corporation:
Review of the Financial Statement Audit Reports for the Italian American War Veterans of the United States for Fiscal Years 1998 and 1999
AIMD-00-205R: Published: Jun 2, 2000. Publicly Released: Jun 2, 2000.
- Full Report:
Pursuant to a congressional request, GAO reviewed the audit report covering the financial statements of the Italian American War Veterans of the United States for the fiscal years ended August 31, 1998 and 1999, focusing on whether the audit report complied with the financial reporting requirements of the law.
GAO noted that the: (1) review disclosed no reportable instances of noncompliance; and (2) audit report included the auditors' opinions that the financial statements of the corporation were presented fairly on a cash basis of accounting.