Federally Chartered Corporation:
Review of the Financial Statement Audit Report for the National Society of the Daughters of the American Revolution for Fiscal Year 1997
AIMD-98-225R: Published: Jul 1, 1998. Publicly Released: Jul 1, 1998.
- Full Report:
Pursuant to a congressional request, GAO reviewed the audit report covering the financial statements of the National Society of the Daughters of the American Revolution for the fiscal year ended February 28, 1997, focusing on whether the audit report complied with the financial reporting requirements of the law.
GAO noted that: (1) during its review, nothing came to its attention that would cause GAO 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.