Federally Chartered Corporation: Review of the Financial Statement Audit Reports for the National Ski Patrol System, Incorporated, for Fiscal Years 2002 and 2001

We reviewed the audit reports covering the financial statements of the National Ski Patrol System, Incorporated, for fiscal years 2002 and 2001. GAO's review disclosed no reportable instances of noncompliance with the financial reporting requirements of the law. The audit reports included the auditors' opinions that the financial statements of the corporation were presented fairly in accordance with generally accepted accounting principles.