Federally Chartered Corporation:
Review of the Financial Statement Audit Report for the American Ex-Prisoners of War, Incorporated, for Fiscal Year 1997
AIMD-98-234R: Published: Jul 9, 1998. Publicly Released: Jul 9, 1998.
- Full Report:
Pursuant to a congressional request, GAO reviewed the audit report covering the financial statements of the American Ex-Prisoners of War, Incorporated, for the fiscal year ended August 31, 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, are presented in conformity with the modified cash basis of accounting.