Financial Audit: Bureau of the Public Debt's Fiscal Years 2001 and 2000 Schedules of Federal Debt

GAO audited the Bureau of Public Debt's Schedule of Federal Debt for fiscal years 2001 and 2000. GAO found that (1) the Schedules of Federal Debt were presented fairly, in all material respects, in conformity with generally accepted accounting principles; (2) the Bureau had effective internal control over financial reporting and compliance with laws and regulations related to the Schedule of Federal Debt for fiscal year 2001; and (3) there was no reportable noncompliance in fiscal year 2001 with a selected provision of a law GAO tested.