This is the accessible text file for GAO report number GAO-06-924R entitled 'Federally Chartered Corporations: Financial Statement Audit Report for the Congressional Medal of Honor Society of the United States of America for Fiscal Years 2004 and 2003' which was released on July 7, 2006. This text file was formatted by the U.S. Government Accountability Office (GAO) to be accessible to users with visual impairments, as part of a longer term project to improve GAO products' accessibility. Every attempt has been made to maintain the structural and data integrity of the original printed product. Accessibility features, such as text descriptions of tables, consecutively numbered footnotes placed at the end of the file, and the text of agency comment letters, are provided but may not exactly duplicate the presentation or format of the printed version. The portable document format (PDF) file is an exact electronic replica of the printed version. We welcome your feedback. Please E-mail your comments regarding the contents or accessibility features of this document to Webmaster@gao.gov. 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. 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. July 7, 2006: The Honorable F. James Sensenbrenner, Jr. Chairman: Committee on the Judiciary: House of Representatives: Subject: Federally Chartered Corporation: Financial Statement Audit Report for the Congressional Medal of Honor Society of the United States of America for Fiscal Years 2004 and 2003: Dear Mr. Chairman: As requested, we read the audit report covering the financial statements of the Congressional Medal of Honor Society of the United States of America, a federally chartered corporation, for the fiscal years ended December 31, 2004 and 2003. The society's purposes are to preserve the dignity and honor of the Medal, protect its recipients from exploitation, foster patriotism, and inspire youth to worthy citizenship. 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. Our objective was to advise you of any matters in the report regarding compliance with the financial reporting requirements of the law. In carrying out our work, we read the corporation's financial statements and the accompanying notes, performed certain analytical procedures related to information presented in the financial statements, and read the auditor's report. We did not identify any instance of noncompliance with the above financial reporting requirements of the law. We did not perform an audit or review the auditor's audit documentation, and we are not rendering an audit opinion. The audit report included the auditor's 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. This letter is intended solely for your use and the use of the Committee on the Judiciary. This letter will be available at no charge on GAO's Web site at [Hyperlink, http://www.gao.gov]. If you have any questions or would like to discuss this letter, please contact me at (202) 512-3406 or by e-mail at sebastians@gao.gov. Contact points for our Offices of Congressional Relations and Public Affairs may be found on the last page of this letter. Key contributors to this letter were Charles Payton, Assistant Director; David Elder; and Lien To. Sincerely yours, Signed by: Steven J. 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