Financial Audit:

House Stationery Revolving Fund for Year Ended 09/30/93 and 3 Months Ended 09/30/92

AIMD-95-32: Published: Mar 30, 1995. Publicly Released: Mar 30, 1995.

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Pursuant to a congressional staff request, GAO audited the House Stationery Revolving Fund's financial statements for the year ended September 30, 1993, and for the 3 months ended September 30, 1992, focusing on the Fund's internal controls and compliance with selected laws and regulations.

GAO found that: (1) the financial statements presented fairly the Fund's assets, liabilities, government equity, revenues, expenses, and cash flows for the periods then ended; (2) the internal controls in effect on September 30, 1993, reasonably ensured that losses, noncompliance, or material misstatements would be prevented or detected; and (3) there was no evidence of material noncompliance with applicable laws and regulations.

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