Skip to main content

Audit of Commodity Credit Corporation for Fiscal Year 1977

CED-78-91 Published: Apr 14, 1978. Publicly Released: Apr 14, 1978.
Jump To:
Skip to Highlights

Highlights

An examination of the financial statements of the Commodity Credit Corporation of the Department of Agriculture was directed primarily at their reliability and usefulness. Except as noted, the examination was made in accordance with generally accepted auditing standards and included tests of the accounting records and other auditing procedures that were considered practicable and reasonable. Because of the uniqueness and scope of the Corporation's operations, it was not practicable to perform all examination and verification steps necessary to reach an overall opinion on the accuracy and fairness of the Corporation's statements as of September 30, 1977, and the results of its operations for the year then ended.

Full Report

Office of Public Affairs

Topics

AccountingCommodity salesCorporate auditsFinancial managementLoansCommoditiesAgricultural commoditiesFarmingAgricultural tradeForeign governments