Pursuant to a legislative requirement, GAO audited the expenditures of two offices of independent counsel for 6 months ended March 31, 2003.

GAO found: (1)the statements of expenditures presented for the offices of independent counsel David M. Barrett and Julie F. Thomas, respectively, are presented fairly, in all material respects, in conformity with the basis of accounting described in each counsel's statement, which is principally the cash basis, a comprehensive basis of accounting other than U.S. generally accepted accounting principles; (2) no material weaknesses in internal control over financial reporting (including safeguarding assets) and compliance with laws and regulations; and (3) no reportable noncompliance with laws and regulations we tested.