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Federally Chartered Corporation: Review of the Financial Statement Audit Report for the Future Farmers of America for Fiscal Years 2001 and 2000

GAO-02-982R Published: Jul 26, 2002. Publicly Released: Jul 26, 2002.
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Highlights

GAO reviewed the audit report covering the financial statements of the Future Farmers of America for fiscal years 2001 and 2000. GAO found no reportable instances of noncompliance. The audit reports included the auditors' opinions that the financial statements of the corporation were presented fairly in accordance with generally accepted accounting principles.

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Audit reportsFederal corporationsFinancial statement auditsAccounting standardsReporting requirementsFinancial statementsFarmingFederally chartered corporationFinancial managementRegulatory noncompliance