Financial Audit: Congressional Award Foundation's Fiscal Year 2000 and 1999 Financial Statements
GAO-01-680
Published: May 15, 2001. Publicly Released: May 15, 2001.
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Highlights
GAO audited the financial statements of the Congressional Award Foundation for fiscal years 2000 and 1999 and the related statements of activities and cash flows. GAO found that (1) the financial statements were presented fairly in conformity with U.S. generally accepted accounting principles, (2) the Foundation had effective internal control over financial reporting and compliance with laws and regulations, and (3) there was no reportable noncompliance with laws and regulations GAO tested.
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Financial statement auditsInternal controlsReporting requirementsFinancial statementsFinancial reportingAccounting standardsRegulatory noncomplianceLaws and regulationsFinancial managementGovernment auditing standards