Federally Chartered Corporation: Review of the Financial Statement Audit Reports for the Navy Club of the United States of America for Fiscal Years 2000 and 1999

GAO reviewed the audit reports covering the financial statements of the Navy Club of the United States of America, for fiscal years 1999 and 2000. GAO found no reportable instances of noncompliance. The audit reports included the auditors' opinion that the financial statements of the corporation were presented fairly in accordance with generally accepted accounting principles.