Opinion on the Financial Statements of the Overseas Private Investment Corporation, Fiscal Years 1980 and 1979

ID-81-22: Published: Jan 19, 1981. Publicly Released: Jan 19, 1981.

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GAO examined the balance sheets of the Overseas Private Investment Corporation for fiscal years 1979 and 1980. GAO also reviewed the Corporation's related statements of income, changes in its capital and reserves, and changes in its financial position.

In the opinion of GAO, the financial statements present fairly the financial position of the Overseas Private Investment Corporation for fiscal years 1979 and 1980. The results of the Corporation's operations, changes in its capital and reserves, and changes in its financial position are in conformity with generally accepted accounting principles applied on a basis consistent with that of the preceding year.

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