Federally Chartered Corporation:

Review of the Financial Statement Audit Report for the Marine Corps League for Fiscal Years 1997 and 1998

AIMD-00-206R: Published: Jun 2, 2000. Publicly Released: Jun 2, 2000.

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David L. Clark, Jr
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Pursuant to a congressional request, GAO reviewed the audit report covering the Marine Corps League for the years ended June 30, 1997 and 1998, focusing on whether the audit report complied with the financial reporting requirements of the law.

GAO noted that: (1) there were no reportable instances of noncompliance; and (2) the audit report included the auditor's opinion that the financial statements of the corporation were presented fairly, in all material respects, in accordance with generally accepted accounting principles.

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