Federally Chartered Corporation: Review of the Financial	 
Statement Audit Report for the Blinded Veterans Association for  
Fiscal Years 2000 and 1999 (25-JUN-01, GAO-01-893R).		 
								 
GAO reviewed the financial statement audit reports for the	 
Blinded Veterans Association for fiscal years 2000 and 1999. GAO 
found no reportable instances of noncompliance, and the audit	 
report included the auditors' opinions that the financial	 
statements of the corporation were presented fairly in accordance
with generally accepted accounting principles.			 
-------------------------Indexing Terms------------------------- 
REPORTNUM:   GAO-01-893R					        
    ACCNO:   A01284						        
  TITLE:     Federally Chartered Corporation: Review of the Financial 
             Statement Audit Report for the Blinded Veterans Association for  
             Fiscal Years 2000 and 1999                                       
     DATE:   06/25/2001 
  SUBJECT:   Audit reports					 
	     Financial statement audits 			 
	     Veterans benefits					 
	     Persons with disabilities				 
	     Reporting requirements				 
	     Federal corporations				 
	     Accounting standards				 

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GAO-01-893R
     
GAO- 01- 893R Blinded Veterans Association

United States General Accounting Office Washington, DC 20548

June 25, 2001 The Honorable F. James Sensenbrenner, Jr. Chairman, Committee
on the Judiciary House of Representatives

Subject: Federally Chartered Corporation: Review of the Financial Statement
Audit Report for the Blinded Veterans Association for Fiscal Years 2000 and
1999

Dear Mr. Chairman: As requested, we reviewed the audit report covering the
financial statements of the Blinded Veterans Association, a federally
chartered corporation, for the fiscal years ended June 30, 2000 and 1999.
The corporation?s purpose is to promote the welfare of blinded veterans
through education and a field service program.

Federally chartered corporations are required under 36 U. S. C. 10101 to
present the corporation?s assets and liabilities and reasonable detail on
the corporation?s income and expenses in annual financial statements,

obtain an annual financial audit by an independent public accountant, and
submit the auditors? report and the corporation?s financial statements to
the Congress.

The objective of our review was to determine whether the audit report
complied with the financial reporting requirements of the law. In carrying
out our work, we reviewed the corporation?s financial statements and the
accompanying notes, performed certain analytical procedures related to
information presented in the financial statements, reviewed the auditors?
report, and made inquiries to corporation officials or the auditors as we
deemed necessary. We did not review the auditors? working papers. Our review
disclosed no reportable instances of noncompliance.

GAO- 01- 893R Blinded Veterans Association Page 2 The audit report included
the auditors? opinion that the financial statements of the

corporation were presented fairly in accordance with generally accepted
accounting principles. We are returning the audit report you sent with your
letter.

Sincerely yours, Jeffrey C. Steinhoff Managing Director Financial Management
and Assurance

w/ o Enclosure (194041)
*** End of document. ***