Federally Chartered Corporation:

Review of the Financial Statement Audit Report for the National Federation of Music Clubs for Fiscal Year 1997

AIMD-98-201R: Published: Jun 16, 1998. Publicly Released: Jun 16, 1998.

Additional Materials:

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David L. Clark, Jr
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Pursuant to a congressional request, GAO reviewed the audit report covering the financial statements of the National Federation of Music Clubs for the year ended June 30, 1997.

GAO noted that: (1) nothing came to GAO's attention that would cause it to believe that the financial reporting requirements of the law have not been met; and (2) the audit report included the auditor's opinion that the financial statements of the corporation were fairly presented on a basis of cash receipts and disbursements.

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