Financial Audit: Congressional Award Foundation's Fiscal Years 2012 and 2011 Financial Statements
GAO-13-554
Published: May 15, 2013. Publicly Released: May 15, 2013.
Skip to Highlights
Highlights
What GAO Found
In GAOs audits of the Congressional Award Foundations (Foundation) financial statements for fiscal years 2012 and 2011, it found that the Foundations financial statements are presented fairly, in all material respects, in conformity with U.S. generally accepted accounting principles. GAO also identified no material weaknesses in internal control over financial reporting, and no reportable noncompliance with laws and regulations it tested.
Why GAO Did This Study
In accordance with section 107 of the Congressional Award Act, as amended (2 U.S.C. § 807), GAO is responsible for conducting audits of the Foundations financial statements.
For more information, contact J. Lawrence Malenich at (202) 512-3406 or malenichj@gao.gov.
Full Report
GAO Contacts
Office of Public Affairs
Topics
Financial recordsFinancial statement auditsFinancial statementsInternal controlsReporting requirementsFinancial disclosureFinancial reportingVoluntary compliance