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Federally Chartered Corporation: Review of the Financial Statement Audit Report for the American Council of Learned Societies for Fiscal Years 2002 and 2001

GAO-03-1122R Published: Sep 18, 2003. Publicly Released: Sep 18, 2003.
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Highlights

GAO reviewed the audit reports covering the financial statements of the American Council of Learned Societies for fiscal years 2002 and 2001. GAO found no reportable instances of noncompliance. The audit reports included the auditors' opinions that the financial statements of the corporation were presented fairly in accordance with generally accepted accounting principles.

Full Report

Full Report (4 pages)
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Auditing and Financial Management
Audit reportsFinancial statement auditsAccounting standardsFederal corporationsReporting requirementsFinancial statementsFederally chartered corporationFinancial managementRegulatory noncomplianceAuditors