Audit Report of Veterans of Foreign Wars of the United States, Office of the Quartermaster General

B-55712: Published: Jan 3, 1978. Publicly Released: Jan 3, 1978.

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A review was performed of the audit report of the Veterans of Foreign Wars of the United States, Office of the Quartermaster General, for the year ended August 31, 1977, to determine whether the report complied with financial reporting requirements for federally chartered corporations.

The audit report was prepared by a firm of certified public accountants. It included a statement of the scope of audit and the auditor's opinion that the financial statements presented fairly the financial position of the organization at August 31, 1977, 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. The audit and financial reporting requirements of the chartering legislation were met.

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