Federally Chartered Corporation:
Review of the Financial Statement Audit Report for the United States Olympic Committee for 1997 and 1998
AIMD-00-247R: Published: Jun 30, 2000. Publicly Released: Jun 30, 2000.
- Full Report:
Pursuant to a congressional request, GAO reviewed the audit report covering the financial statements of the United States Olympic Committee for years ended December 31, 1997 and 1998, focusing on whether the audit report complied with the financial reporting requirements of the law.
GAO noted that: (1) during its review, GAO disclosed no reportable instances of noncompliance; and (2) the audit report included the auditor's opinion that the financial statements of the corporation were fairly presented in accordance with generally accepted accounting principles.