Federally Chartered Corporation:
Review of the Financial Statement Audit Report for Little League Baseball, Incorporated, for Fiscal Years 1998 and 1999
AIMD-00-301R: Published: Aug 25, 2000. Publicly Released: Aug 25, 2000.
- Full Report:
Pursuant to a congressional request, GAO reviewed the audit report covering the financial statements of the Little League Baseball, Incorporated, for the years ended September 30, 1998 and 1999, focusing on whether the audit report 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 statements of the corporation were presented fairly in accordance with generally accepted accounting principles.