Examination of the Panama Canal Commission's Financial Statements for the Years Ended September 30, 1982 and 1981

GAO examined the balance sheets of the Panama Canal Commission as of September 30, 1982 and 1981, and the related statements of operations and non-interest-bearing investment; changes in the investment of the United States; changes in financial position; status of appropriations; and property, plant, and equipment for the years then ended. The examination was made in accordance with generally accepted government auditing standards. In connection with its examination, GAO also made a limited study and evaluation of the Commission's system of internal accounting control and tested its compliance with applicable laws and regulations.