Audit of the House of Representatives Beauty Shop for the Calendar Year 1979

GGD-80-58: Published: Jun 17, 1980. Publicly Released: Jun 17, 1980.

Additional Materials:

Contact:

Office of Public Affairs
(202) 512-4800
youngc1@gao.gov

GAO audited the financial transactions of the House Beauty Shop for the calendar year 1979. The House Beauty Shop provides a convenient beauty facility for congresswomen, wives of congressmen, congressional employees, and the general public. The shop was placed under the jurisdiction of the Committee on House Administration, with direct oversight to be exercised by the Subcommittee on Services. The House Beauty Shop realized net income of $9,204 for l979. This income, as established by GAO annual audit after restoring any impairment of capital and providing for replacement of equipment, is transferred to the general fund of the U.S. Treasury. The net income to be transferred is $2,624.64. GAO prepared the financial statements for the House Beauty Shop from the accounting records furnished them. The records were adjusted from a cash basis to an accrual basis. The statements do not include the costs of certain benefits and services, such as space, utilities, and ordinary building repairs and maintenance, which are paid from appropriated funds and not charged to the Revolving Fund.

The financial statements present fairly the financial position of the House Beauty Shop Revolving Fund at December 31, 1979, and 1978, the results of its operations, and the changes in its financial position for the years then ended on a basis consistent with that of preceding years.

Sep 20, 2016

Sep 6, 2016

Aug 19, 2016

Aug 12, 2016

Jul 29, 2016

Jul 28, 2016

Jul 13, 2016

Jul 11, 2016

Jun 13, 2016

Looking for more? Browse all our products here