Financial Audit:

House Stationery Revolving Fund Statements--June 30, 1991 and 1990

AFMD-93-2: Published: Oct 21, 1992. Publicly Released: Oct 21, 1992.

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Pursuant to a congressional request, GAO: (1) examined the balance sheets of the House Stationery Revolving Fund as of June 30, 1991 and 1990, and the related statements of operations and cash flows for the years then ended; and (2) audited the Fund's internal controls and compliance with laws and regulations.

GAO found that the: (1) financial statements presented fairly the financial position of the Fund as of June 30, 1991 and 1990, and the results of its operations and cash flows for the years then ended, in conformity with generally accepted accounting principles; (2) fund had no material weakness in its internal control structure; and (3) fund complied with applicable laws and regulations.

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