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Examination of the Panama Canal Commission's Financial Statements for Years Ended September 30, 1983 and 1982

NSIAD-85-26 Published: Apr 17, 1985. Publicly Released: Apr 17, 1985.
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Highlights

GAO examined the balance sheets of the Panama Canal Commission as of September 30, 1983 and 1982, and the related statements of operations and non-interest-bearing investment; changes in U.S. Government investment; changes in financial position; status of appropriations; and status of property, plant, and equipment for the years then ended. The examination was made in accordance with generally accepted government auditing standards.

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Accounting proceduresAppropriated fundsDepreciationFinancial managementFinancial statement auditsProperty and supply managementFinancial statementsExpenditure of fundsAmortizationAccounting controls