Federally Chartered Corporation:
Review of the Financial Statement Audit Report for the Paralyzed Veterans of America for Fiscal Years 1996 and 1997
AIMD-98-176R: Published: Jun 12, 1998. Publicly Released: Jun 12, 1998.
- Full Report:
Pursuant to a congressional request, GAO reviewed the audit report covering the financial statements of the Paralyzed Veterans of America for the years ended September 30, 1996, and 1997, 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 in accordance with generally accepted accounting principles.