Examination of House Beauty Shop Revolving Fund's Financial Statements for the Years Ended December 31, 1983 and 1982

AFMD-84-61: Published: Sep 19, 1984. Publicly Released: Sep 19, 1984.

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Pursuant to a congressional request and legislative requirements, GAO examined the balance sheets of the House of Representatives Beauty Shop Revolving Fund as of December 31, 1983 and 1982, and the related statements of operations and changes in financial position for the years then ended.

GAO concluded that the financial statements presented fairly the financial position of the Fund for the periods examined, and the results of its operations and changes in financial position for the years then ended. The financial statements were presented in conformity with generally accepted accounting principles, and the financial policies were applied on a consistent basis.

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