Review of the Audit Report of the Veterans of World War I for Year Ended September 30, 1976

B-55712: Published: Mar 29, 1977. Publicly Released: Dec 3, 1982.

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GAO reviewed the audit report of the Veterans of World War I for the year ended September 30, 1976, in order to determine whether it complied with the financial reporting requirements for federally chartered corporations.

The public accountant who prepared the audit report stated that the financial statements showing the group's financial condition and the results of the year's operations conformed with generally accepted accounting principles. The accounting procedures used were consistent with those used in the preceding year. It was concluded that the audit and financial reporting requirement of the chartering act were met.

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