Federally Chartered Corporation:
Review of the Financial Statement Audit Report for the American Gold Star Mothers, Incorporated, for Fiscal Year 1998
AIMD-99-61R: Published: Feb 19, 1999. Publicly Released: Feb 19, 1999.
- Full Report:
Pursuant to a congressional request, GAO reviewed the audit report covering the financial statements of the American Gold Star Mothers, Incorporated, for the fiscal year ended June 30, 1998, 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 on a cash basis of accounting.