Federally Chartered Corporation:
Review of the Financial Statement Audit Report for the Italian-American War Veterans of the United States, Incorporated, for Fiscal Year 1997
AIMD-98-292R: Published: Sep 15, 1998. Publicly Released: Sep 15, 1998.
- Full Report:
Pursuant to a congressional request, GAO reviewed the audit report covering the financial statements of the Italian-American War Veterans of the United States, Incorporated, for the fiscal year ended August 31, 1997, focusing on whether the audit report complied with the financial 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 on the basis of cash receipts and disbursements.