Federally Chartered Corporation: Review of the Financial	 
Statement Audit Report for the Military Chaplains Association of 
the United States of America for 2001 and 2000 (18-SEP-03,	 
GAO-03-1124R).							 
                                                                 
We reviewed the audit reports covering the financial statements  
of the Military Chaplains Association of the United States of	 
America, for fiscal years 2000 and 2001. GAO's review disclosed  
no reportable instances of noncompliance with the financial	 
reporting requirements of the law. The audit reports 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-03-1124R					        
    ACCNO:   A08521						        
  TITLE:     Federally Chartered Corporation: Review of the Financial 
Statement Audit Report for the Military Chaplains Association of 
the United States of America for 2001 and 2000			 
     DATE:   09/18/2003 
  SUBJECT:   Audit reports					 
	     Financial statement audits 			 
	     Reporting requirements				 
	     Accounting standards				 
	     Federal corporations				 

******************************************************************
** This file contains an ASCII representation of the text of a  **
** GAO Product.                                                 **
**                                                              **
** No attempt has been made to display graphic images, although **
** figure captions are reproduced.  Tables are included, but    **
** may not resemble those in the printed version.               **
**                                                              **
** Please see the PDF (Portable Document Format) file, when     **
** available, for a complete electronic file of the printed     **
** document's contents.                                         **
**                                                              **
******************************************************************
GAO-03-1124R

GAO- 03- 1124R The Military Chaplains Association of the United States of
America United States General Accounting Office Washington, DC 20548

September 18, 2003 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 Military Chaplains Association of the
United States of America for 2001 and 2000 Dear Mr. Chairman:

As requested, we reviewed the audit report covering the financial
statements of The Military Chaplains Association of the United States of
America, a federally chartered corporation, for the years ended December
31, 2001 and 2000. The corporation*s purpose is to assist chaplains in the
performance of their duties, promote the effectiveness of the military
chaplaincy, and encourage individuals to enter the chaplaincy.

Federally chartered corporations are required under 36 U. S. C. S:10101 to

* present the corporation*s assets and liabilities and reasonable detail
on the corporation*s income and expenses in annual financial statements,
and

* obtain an annual financial audit by an independent public accountant.
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- 03- 1124R The Military Chaplains Association of the United States of
America 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 Director Financial Management and
Assurance

w/ o Enclosure (194338)

This is a work of the U. S. government and is not subject to copyright
protection in the United States. It may be reproduced and distributed in
its entirety without further permission from GAO. However, because this
work may contain copyrighted images or other material, permission from the
copyright holder may be necessary if you wish to reproduce this material
separately.

GAO s Mission The General Accounting Office, the audit, evaluation and
investigative arm of Congress, exists to support Congress in meeting its
constitutional

responsibilities and to help improve the performance and accountability of
the federal government for the American people. GAO examines the use of
public funds; evaluates federal programs and policies; and provides
analyses, recommendations, and other assistance to help Congress make
informed oversight, policy, and funding decisions. GAO s commitment to
good government is reflected in its core values of accountability,
integrity, and reliability. The fastest and easiest way to obtain copies
of GAO documents at no cost is

through the Internet. GAO s Web site ( www. gao. gov) contains abstracts
and full- text files of current reports and testimony and an expanding
archive of older products. The Web site features a search engine to help
you locate documents using key words and phrases. You can print these
documents in their entirety,

including charts and other graphics. Each day, GAO issues a list of newly
released reports, testimony, and correspondence. GAO posts this list,
known as Today s Reports, on its Web site daily. The list contains links
to the full- text document files. To have GAO e- mail this list to you
every afternoon, go to www. gao. gov and select Subscribe to e- mail
alerts under the Order GAO Products heading.

The first copy of each printed report is free. Additional copies are $ 2
each. A check or money order should be made out to the Superintendent of
Documents. GAO also accepts VISA and Mastercard. Orders for 100 or more
copies mailed to a single address are discounted 25 percent. Orders should
be sent to:

U. S. General Accounting Office 441 G Street NW, Room LM Washington, D. C.
20548

To order by Phone: Voice: ( 202) 512- 6000 TDD: ( 202) 512- 2537 Fax: (
202) 512- 6061

Contact: Web site: www. gao. gov/ fraudnet/ fraudnet. htm E- mail:
fraudnet@ gao. gov Automated answering system: ( 800) 424- 5454 or ( 202)
512- 7470 Jeff Nelligan, Managing Director, NelliganJ@ gao. gov ( 202)
512- 4800 U. S. General Accounting Office, 441 G Street NW, Room 7149
Washington, D. C. 20548 Obtaining Copies of

GAO Reports and Testimony Order by Mail or Phone To Report Fraud, Waste,
and Abuse in Federal Programs Public Affairs
*** End of document. ***