Audit of the House of Representatives Beauty Shop, Calendar Year 1977
GGD-78-64: Published: May 24, 1978. Publicly Released: May 24, 1978.
- Full Report:
The House of Representatives' Beauty Shop's accounting records and financial transactions were reviewed in accordance with the Comptroller General's standards for auditing financial transactions, accounts, and reports of governmental activities. The examination included such tests of accounting records and such auditing procedures as were considered necessary in the circumstances.
The House Beauty Shop's records, which were maintained on a cash basis, were adjusted to present its financial position and results of operations on an accrual basis. The statements do not include the costs of certain benefits and services that are furnished to the House Beauty Shop without charge. The financial statements were prepared on a basis consistent with that of the preceding year and present fairly the financial position of the House Beauty Shop at December 31, 1977, and December 31, 1978, the results of its operations, and changes in its financial position for the years then ended. The House Beauty Shop realized net income of $10,027 for 1977 compared with net income of $3,696 for 1976. As of January 3, 1978, the staff of the House Beauty Shop was transferred to the House payroll and the shop was placed under the jurisdiction of the Committee on House Administration, with direct oversight to be exercised by the Subcommittee on Services.