Federally Chartered Corporation: Financial Statement Audit Report for the American GI Forum of the United States for Fiscal Year 2005

GAO reviewed the audit reports covering the financial statements of the American GI Forum of the United States for fiscal year 2005. GAO found that the American GI Forum of the United States did not obtain an audit of its financial statements for fiscal year 2005 by an independent public accountant, and therefore did not comply with the statutory requirement for such an audit. Instead, corporation officials informed us that they had the statements reviewed. Further, they informed us they plan to obtain a financial audit of the corporation's financial statements in the future.