Financial Audit: House Interparliamentary Groups' Financial Statements
for 1992 and 1991 (Letter Report, 12/14/93, GAO/AIMD-94-21).
GAO audited the financial statements of several House of
Representatives' interparliamentary groups for 1992 and 1991, including
the Mexico-United States Interparliamentary Group, the Canada-United
States Interparliamentary Group, the United States-European Community
Interparliamentary Group, the United States Group of the North Atlantic
Treaty Parliamentary Conference, and the British-American
Interparliamentary Group. Such groups work to enable Members of
Congress to meet annually with other representative parliamentary groups
to discuss common problems affecting the United States and Mexico,
Canada, the European Community, and the United Kingdom as well as other
North Atlantic Treaty Organization members in the interest of
maintaining peace and security in the North Atlantic region. GAO found
that the financial statements were reliable in all material respects;
that internal controls reasonably ensured that losses, noncompliance
with laws and regulations, and misstatements affecting the financial
statements would be prevented or detected; and that there was no
material noncompliance with laws and regulations.
--------------------------- Indexing Terms -----------------------------
REPORTNUM: AIMD-94-21
TITLE: Financial Audit: House Interparliamentary Groups' Financial
Statements for 1992 and 1991
DATE: 12/14/93
SUBJECT: Funds management
Financial records
Auditing standards
Accounting procedures
Internal controls
Financial statement audits
Legislative bodies
Noncompliance
Appropriated funds
Administrative costs
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