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Federally Chartered Corporation: Review of the Financial Statement Audit Reports for the Army and Navy Union of the United States of America for Fiscal Years 1998-2000

GAO-02-977R Published: Jul 26, 2002. Publicly Released: Jul 26, 2002.
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Highlights

GAO reviewed the audit reports covering the financial statements of the Army and Navy Union of the United States of America for fiscal years 1998-2000. GAO found no reportable instances of noncompliance. The audit report included the auditors' opinions that the financial statements of the corporation were presented fairly on a cash basis of accounting.

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Auditing and Financial Management
Accounting standardsAudit reportsFinancial statement auditsFederal corporationsReporting requirementsMilitary forcesFinancial statementsFederally chartered corporationFinancial managementRegulatory noncompliance