Review of the Audit Report of the Veterans of Foreign Wars of the United States for the Year Ended August 31, 1976

B-55712: Published: Jul 11, 1977. Publicly Released: Jul 11, 1977.

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A review of the audit report of the Veterans of Foreign Wars of the United States for the year ended August 31, 1976, indicated that the audit and financial reporting requirements of Public Law 88-504 had been met.

The audit report for this federally chartered corporation, prepared by a firm of certified public accountants, included a statement of the scope of the audit and the auditor's opinion that the financial statements presented fairly the financial position of the Veterans of Foreign Wars of the United States at August 31, 1976, and the results of operations and changes in fund balances for the year then ended in conformity with generally accepted accounting principles applied on a basis consistent with the preceding year.

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