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Federally Chartered Corporation: Review of the Financial Statement Audit Reports for the National Federation of Music Clubs for Fiscal Year 2002

GAO-04-25R Published: Oct 10, 2003. Publicly Released: Oct 10, 2003.
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Highlights

GAO reviewed the audit reports covering the financial statements of the National Federation of Music Clubs, for fiscal year 2002. GAO found no reportable instances of noncompliance. The audit reports included the auditors' opinion that the financial statements of the corporation were presented fairly in accordance with generally accepted accounting principles.

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Accounting standardsAudit reportsFederal corporationsFinancial statement auditsReporting requirementsFinancial statementsFederally chartered corporationFinancial reportingFinancial managementRegulatory noncompliance