Federally Chartered Corporation: Review of the Financial
Statement Audit Report for The American National Theater and
Academy for Fiscal Years 2001 and 2000 (05-JUN-03, GAO-03-855R).
GAO reviewed the audit reports covering the financial statements
of the American National Theater and Academy, for the fiscal
years 2001 and 2000. GAO found 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-03-855R
ACCNO: A07095
TITLE: Federally Chartered Corporation: Review of the Financial
Statement Audit Report for The American National Theater and
Academy for Fiscal Years 2001 and 2000
DATE: 06/05/2003
SUBJECT: Audit reports
Financial statement audits
Accounting standards
Federal corporations
Reporting requirements
******************************************************************
** 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-03-855R
GAO- 03- 855R The American National Theater and Academy
United States General Accounting Office Washington, DC 20548
June 5, 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 American National Theater and Academy for Fiscal Years 2001
and 2000 Dear Mr. Chairman: As requested, we reviewed the audit report
covering the financial statements of The American National Theater and
Academy, a federally chartered corporation, for the fiscal years ended
June 30, 2001 and 2000. The corporation*s purpose is to advance interest
in drama throughout the United States.
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, 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- 855R The American National Theater and Academy 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,
Jeanette M. Franzel Director Financial Management and Assurance
Enclosure (194224)
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 fulltext 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 daily E- mail alert for newly released products* under the
GAO Reports 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 GAO*s Mission Obtaining Copies of
GAO Reports and Testimony
Order by Mail or Phone To Report Fraud, Waste, and Abuse in Federal
Programs Public Affairs
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.
*** End of document. ***