Report on Virgin Islands Corporation for Fiscal Year 1963

GAO made an audit of the Virgin Islands Corporation for the fiscal year ended June 30, 1963, pursuant to the Government Corporation Control Act (31 U.S.C. 841). Our audit included a review of applicable legislation, reviews of selected activities, and an examination of financial statements. Our examination of the financial statements was made in accordance with generally accepted auditing standards and accordingly included such tests of the accounting records and such other auditing procedures as we considered necessary. The audit was conducted at St. Croix and St. Thomas, Virgin Islands.