United States Government Publishing Office publisher pbl distributor dst United States Government Accountability Office Accounting and Information Management Division author aut Government Organization text government publication eng GAOREPORTS Legislative Agency Publications gao legislative 2010-08-12 U.S. Government Printing Office 1997-09-29 monographic deposited born digital 7 p. GA 1.13:AIMD-97-158 https://www.govinfo.gov/app/details/GAOREPORTS-AIMD-97-158 P0b002ee180380bda f:ai97158 DGPO 2010-08-12 2011-03-28 GAOREPORTS-AIMD-97-158 machine generated eng fdlp REPORT GAOREPORTS-AIMD-97-158 AIMD-97-158 Financial statement audits Defense industry Auditing procedures Financial records Internal controls Electronic equipment industry Letter Report AIMD Pursuant to a legislative requirement, GAO reviewed the financial statement audit of SEMATECH, Inc., for the year ending December 31, 1996.<p/>GAO found that: (1) Price Waterhouse's opinion, dated January 31, 1997, stated that SEMATECH's financial statements for the year ended December 31, 1996, are fairly presented in all material respects in conformity with generally accepted accounting principles; (2) also, as required by generally accepted government auditing standards, Price Waterhouse issued reports on SEMATECH's internal control structure and its compliance with laws and regulations; (3) these reports disclosed no material internal control weaknesses or noncompliance with laws and regulations; and (4) the results of GAO's review disclosed no instances where Price Waterhouse's opinion on SEMATECH's 1996 financial statements, its report on internal control structure, or its report on compliance with laws and regulations did not comply, in all material respects, with generally accepted government auditing standards. https://www.govinfo.gov/content/pkg/GAOREPORTS-AIMD-97-158/html/GAOREPORTS-AIMD-97-158.htm https://www.govinfo.gov/content/pkg/GAOREPORTS-AIMD-97-158/pdf/GAOREPORTS-AIMD-97-158.pdf GAO/AIMD-97-158 https://www.govinfo.gov/app/details/GAOREPORTS-AIMD-97-158 Letter Report GAO/AIMD-97-158; Financial Audit: Review of the Audit of SEMATECH's Financial Statements for 1996; Financial statement audits Defense industry Auditing procedures Financial records Internal controls Electronic equipment industry Public Law 100-180