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 1999-05-14 monographic deposited born digital 23 p. GA 1.13:AIMD-99-173 https://www.govinfo.gov/app/details/GAOREPORTS-AIMD-99-173 P0b002ee18039c5a0 000555721 f:ai99173 DGPO 2010-08-12 2011-03-28 GAOREPORTS-AIMD-99-173 machine generated eng fdlp REPORT GAOREPORTS-AIMD-99-173 AIMD-99-173 Financial statement audits Internal controls Reporting requirements Financial management Financial records Letter Report AIMD

Pursuant to a legislative requirement, GAO reviewed the financial statements of the Congressional Award Foundation for the fiscal years ended September 30, 1998 and 1997, focusing on: (1) the Foundation management's assertions regarding the effectiveness of its internal controls as of September 30, 1998; and (2) GAO's evaluation of the Foundation's compliance with selected provisions of laws and regulations during fiscal year 1998.<p/>GAO noted that: (1) the financial statements were reliable in all material respects; (2) the Foundation's management fairly stated that internal controls in place on September 30, 1998, were effective in safeguarding assets from material loss, assuring material compliance with relevant laws and regulations, and ensuring that there were no material misstatements in the financial statements; and (3) there was no reportable noncompliance with selected provisions of laws and regulations GAO tested for the fiscal year ended September 30, 1998. https://www.govinfo.gov/content/pkg/GAOREPORTS-AIMD-99-173/html/GAOREPORTS-AIMD-99-173.htm https://www.govinfo.gov/content/pkg/GAOREPORTS-AIMD-99-173/pdf/GAOREPORTS-AIMD-99-173.pdf GAO/AIMD-99-173 https://www.govinfo.gov/app/details/GAOREPORTS-AIMD-99-173 Letter Report GAO/AIMD-99-173; Financial Audit: Congressional Award Foundation's 1998 and; Financial statement audits Internal controls Reporting requirements Financial management Financial records Title 2 Section 807 2 U.S.C. 807