Federally Chartered Corporation: Review of the Financial
Statement Audit Report for the National Mining Hall of Fame and
Museum for 2000 (17-MAY-02, GAO-02-758R).
GAO reviewed the audit report covering the financial statements
of the National Mining Hall of Fame and Museum for fiscal year
2000. GAO found no reportable instances of noncompliance. The
audit reports included the auditors' opinions that the financial
statements of the corporation were presented fairly in accordance
with general accounting principles.
-------------------------Indexing Terms-------------------------
REPORTNUM: GAO-02-758R
ACCNO: A03386
TITLE: Federally Chartered Corporation: Review of the Financial
Statement Audit Report for the National Mining Hall of Fame and
Museum for 2000
DATE: 05/17/2002
SUBJECT: Financial statement audits
Accounting standards
Audit reports
Reporting requirements
Federal corporations
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GAO-02-758R
GAO- 02- 758R National Mining Hall of Fame and Museum
United States General Accounting Office Washington, DC 20548
May 17, 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 Report for the National
Mining Hall of Fame and Museum for 2000 Dear Mr. Chairman:
As requested, we reviewed the audit report covering the financial statements
of the National Mining Hall of Fame and Museum, a federally chartered
corporation, for the year ended December 31, 2000. The corporation?s
purposes include honoring people who have made contributions to the
establishment, development, advancement, or improvement of mining in the
United States; and establishing and maintaining a library and museum for
collecting and preserving the history of mining.
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, and reviewed the auditors? report.
However, we did not review the auditors? working papers, and we are not
rendering an audit opinion. Our review disclosed no reportable instances of
noncompliance with the financial reporting
requirements of the law.
GAO- 02- 758R National Mining Hall of Fame and Museum Page 2 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, Jeanette M. Franzel Acting Director Financial Management
and Assurance
w/ o Enclosure (194101)
*** End of document. ***