Financial Audit:

Senate Recording and Photographic Studios Revolving Fund for 1988 and 1987

AFMD-89-12: Published: Jan 11, 1989. Publicly Released: Jan 11, 1989.

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In response to a congressional request, GAO examined the balance sheets of the Senate Recording and Photographic Studios Revolving Fund for March 31, 1988 and 1987, and the related statements of operations and changes in financial position for the fiscal years then ended.

GAO found that the financial statements presented fairly the financial position of the fund as of March 31, 1988 and 1987, and the results of its operations and the changes in its financial position for the fiscal years then ended, in conformity with generally accepted accounting principles applied on a consistent basis.

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