Federally Chartered Corporation:
Review of the Financial Statement Audit Report for the Aviation Hall of Fame for 1997 and 1998
AIMD-00-221R: Published: Jun 16, 2000. Publicly Released: Jun 16, 2000.
- Full Report:
Pursuant to a congressional request, GAO reviewed the audit report covering the financial statements of the Aviation Hall of Fame for the years ended December 31, 1997 and 1998, focusing on whether the audit reports complied with the financial reporting requirements of the law.
GAO noted that: (1) nothing came to GAO's attention that would cause it to believe that the financial reporting requirements of the law have not been met; and (2) the audit report included the auditor's opinion that the financial statement of the corporation were presented fairly in accordance with generally accepted accounting principles.