Financial Audit:

Environmental and Energy Study Conference Financial Statements for 1992 and 1991

AIMD-94-45: Published: Jan 14, 1994. Publicly Released: Jan 14, 1994.

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Pursuant to a congressional request, GAO audited the financial statements of the Environmental and Energy Study Conference as of December 31, 1992 and 1991, and the related statements of revenues, expenses, and cash flows for the years then ended.

GAO found that: (1) the financial statements presented fairly, in conformity with generally accepted accounting principles, the Conference's assets, liabilities, fund balance, revenues, expenses, and cash flows; (2) the internal controls in effect on December 31, 1992, reasonably ensured that losses, noncompliance, and material misstatements would be prevented or detected; and (3) there was no evidence of material noncompliance with applicable laws or regulations.

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