Federally Chartered Corporation: Review of the Financial	 
Statement Audit Report for the Disabled American Veterans for	 
2000 (28-FEB-02, GAO-02-457R).					 
								 
GAO reviewed the audit report covering the financial statement of
the Disabled American Veterans for fiscal year 2000. GAO's review
disclosed no reportable instances of noncompliance. The audit	 
report included the auditors' opinion that the financial	 
statements of the corporation were presented fairly in accordance
with generally accepted accounting principles.			 
-------------------------Indexing Terms------------------------- 
REPORTNUM:   GAO-02-457R					        
    ACCNO:   A02834						        
  TITLE:     Federally Chartered Corporation: Review of the Financial 
Statement Audit Report for the Disabled American Veterans for	 
2000								 
     DATE:   02/28/2002 
  SUBJECT:   Accounting standards				 
	     Audit reports					 
	     Federal corporations				 
	     Financial statement audits 			 
	     Reporting requirements				 

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GAO-02-457R
     

United States General Accounting Office Washington, DC 20548

February 28, 2002

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

Subject: Federally Chartered Corporation: Review of the Financial Statement
Audit 
Dear Mr. Chairman:

As requested, we reviewed the audit report covering the financial statements
of the Disabled American Veterans, a federally chartered corporation, for
the year ended December 31, 2000. The corporation's purpose is to provide
professional assistance to veterans and their families in obtaining benefits
and services and to represent the interests of disabled veterans.

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-02-457R Disabled American Veterans

The audit report included the auditors' opinion that the financial
statements of the
corporation were presented fairly in accordance with U. S. generally
accepted
accounting principles. We are returning the audit report you sent with your
letter.

Sincerely yours,

w/o Enclosure

(194096)

Page 2

GAO-02-457R Disabled American Veterans
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