Federally Chartered Corporation: Review of the Financial Statement Audit Report for the Fleet Reserve Association for Fiscal Years 2000 and 1999

GAO-01-894R Published: Jun 25, 2001. Publicly Released: Jun 25, 2001.

Highlights

GAO reviewed the financial statement audit reports for the Fleet Reserve Association for fiscal year 2000 and 1999. GAO found no reportable instances of noncompliance, and the audit report included the auditors' opinions that the financial statements of the corporation were presented fairly in accordance with generally accepted accounting principles.

Full Report

Full Report (2 pages)

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Topics

Auditing and Financial Management

Audit reportsFinancial statement auditsReporting requirementsAccounting standardsFederal corporationsFinancial statementsMilitary forcesFederally chartered corporationFinancial managementRegulatory noncompliance