Review of Audit Report of the Ladies of the Grand Army of the Republic for Year Ended 8/31/76

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

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GAO reviewed the audit report of the Ladies of the Grand Army of the Republic for the year ended August 31, 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 statement showing the group's financial condition and the results of the year's operations conformed with generally accepted accounting principles. It was concluded that the audit report met all financial reporting requirements for federally chartered corporations.

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