Federally Chartered Corporation:
Review of the Financial Statement Audit Reports for the American Council of Learned Societies for Fiscal Years 1997-1999
GAO-01-395R: Published: Feb 20, 2001. Publicly Released: Feb 20, 2001.
- Full Report:
GAO reviewed the American Council of Learned Societies' financial statement audit reports to determine whether it complied with the financial reporting requirements of the law. GAO found no reportable instances of noncompliance, and the audit reports included the auditors' opinions that the financial statements of the corporation were presented fairly in accordance with generally accepted accounting principles.