Pursuant to a legislative requirement, GAO examined the Capitol Preservation Fund's: (1) financial statements as of March 31, 1992 and 1991; (2) internal controls; and (3) compliance with applicable laws and regulations.

GAO found that: (1) the financial statements present fairly, in accordance with generally accepted accounting principles, the U.S. Capitol Preservation Fund's assets, revenue and expenditures, and cash flows for the years then ended; (2) there were no material weaknesses in the fund's internal controls for the year ended March 31, 1992; and (3) there was no material noncompliance with applicable laws and regulations for fiscal year 1992.