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Federal Research: Assessment of the Financial Audit for SEMATECH's Activities in 1988

RCED-90-35 Published: Feb 16, 1990. Publicly Released: Feb 16, 1990.
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Highlights

Pursuant to a legislative requirement, GAO reviewed an accountant's audit of a U.S. semiconductor industry consortium's financial statements for the year ended December 31, 1988.

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Full Report (16 pages)

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Auditing and Financial Management
Accounting systemsAuditing standardsBusiness assistanceDefense industryFinancial managementInternal controlsPrivate sectorResearch and developmentFinancial statementsAllowable costs