House Child Care Center--Fiscal Years Ended 9-30-93, 9-30-92, and Month Ended 9-30-91
AIMD-95-2: Published: Oct 14, 1994. Publicly Released: Oct 14, 1994.
Pursuant to a congressional request, GAO reviewed the balance sheets of the House of Representatives' Child Care Center as of September 30, 1993 and 1992, and the related statements of revenues, expenses, and cash flows for the years then ended. Pursuant to a legislative requirement, GAO reviewed the center's related statement of revenues, expenses, and fund balance for the month ended September 30, 1991.
GAO found that: (1) the financial statements were reliable in all material respects; (2) the internal controls in effect on September 30, 1993 provided reasonable assurance that losses, noncompliance with laws and regulations, and misstatements material to the financial statements would be prevented or detected; and (3) there was no material noncompliance with selected laws and regulations.