CFC Charities: Responses to Posthearing Questions
GAO-06-959R
Published: Jul 07, 2006. Publicly Released: Jul 07, 2006.
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Highlights
This letter responds to Congress's request for additional information related to the subcommittee's May 25, 2006 hearing on whether charities participating in the Combined Federal Campaign (CFC) are meeting their employment tax responsibilities. Our responses are based on work performed during GAO's audit, communication with the Internal Revenue Service, GAO's views of generally accepted accounting principles and generally accepted auditing standards, and on professional judgment.
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Auditing proceduresAuditing standardsCharitable organizationsDebtFinancial statement auditsFinancial statementsAccounting standardsCharitiesFinancial managementTaxes