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Federally Chartered Corporation: Financial Statement Audit Report for the National Federation of Music Clubs for Fiscal Year 2004

GAO-07-474R Published: Mar 09, 2007. Publicly Released: Mar 09, 2007.
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Highlights

GAO reviewed the audit reports covering the financial statements of the National Federation of Music Clubs, for fiscal year ended June 30, 2004. GAO found no reportable instances of noncompliance. The audit reports included the auditor's opinions that the financial statements of the corporation were presented fairly on a modified cash basis of accounting.

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Accounting standardsAudit reportsFederal corporationsFinancial statement auditsReporting requirementsFinancial statementsFederally chartered corporationFinancial managementRegulatory noncomplianceCash basis accounting