Examination of Financial Statements of the Inter-American Foundation for Fiscal Years 1980 and 1979

ID-81-52: Published: Jun 25, 1981. Publicly Released: Jun 25, 1981.

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GAO examined the statements of the financial condition of the Inter-American Foundation as of September 30, 1980 and 1979, and the related statements of investment of the U.S. Government, grant disbursements and expenses, and changes in financial position for the years then ended.

In the opinion of GAO, the financial statements present fairly the financial position of the Inter-American Foundation at September 30, 1980 and 1979, and the results of its operations and changes in its financial position for the years then ended in conformity with generally accepted accounting principles applied on a basis consistent with that of the preceding years.

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