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Federally Chartered Corporation: Review of the Financial Statement Audit Reports for the Naval Sea Cadet Corps for 2000 and 1999

GAO-02-760R Published: May 17, 2002. Publicly Released: May 17, 2002.
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Highlights

GAO reviewed the financial statement audit reports for the Naval Sea Cadet Corps for fiscal years 2000 and 1999. GAO found no reportable instances of noncompliance. The audit report included the auditor's opinion that the financial statements of the corporation were presented fairly in accordance with generally accepted accounting principles.

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Accounting standardsAudit reportsFederal corporationsFinancial statement auditsReporting requirementsFinancial statementsFederally chartered corporationFinancial reportingFinancial managementRegulatory noncompliance