Federally Chartered Corporation:
Review of the Financial Statement Audit Report for the United Service Organizations, Incorporated, for 1996 and 1997
AIMD-99-170R: Published: May 10, 1999. Publicly Released: May 10, 1999.
- Full Report:
Pursuant to a congressional request, GAO reviewed the audit report covering the financial statements of the United Service Organizations, Incorporated, for the years ended December 31, 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 fairly presented in conformity with generally accepted accounting principles.