Financial Audit:

Senate Barber Shops Revolving Fund--Years Ended December 31, 1985 and 1984

AFMD-86-37: Published: May 12, 1986. Publicly Released: May 12, 1986.

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In response to a request from the Senate Sergeant at Arms, GAO examined the balance sheets of the Senate Barber Shops Revolving Fund as of December 31, 1985 and 1984, and the related statements of operations and undistributed income and changes in its financial position.

GAO found that the statements presented fairly the financial position of the Fund, the results of its operations, and the changes in its financial position in conformity with generally accepted accounting principles and policies applied on a consistent basis.

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