Review of the Audits of the Consumer Cooperative Development Corporation's Financial Statements for the Year Ended December 31, 1983, and for December 30 and 31, 1982

AFMD-85-11: Published: Jul 9, 1985. Publicly Released: Jul 9, 1985.

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GAO reviewed an independent accounting firm's audits of the statements of the financial condition of the Consumer Cooperative Development Corporation as of December 31, 1983 and 1982, and the related statements of income and retained earnings, and changes in financial position for the year ended December 31, 1983.

GAO found that the financial statements presented fairly the financial position of the corporation as of December 31, 1983 and 1982, and the results of its operations and the changes in its financial position for the year ended December 31, 1983, in conformity with generally accepted accounting principles applied on a consistent basis.

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