Federally Chartered Corporation: Financial Statement Audit Report for the National Federation of Music Clubs for Fiscal Year 2003
GAO-05-1034R
Published: Sep 30, 2005. Publicly Released: Sep 30, 2005.
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Highlights
GAO reviewed the audit reports covering the financial statements of the National Federation of Music Clubs for Fiscal Year 2003. GAO found no reportable instances of noncompliance. The audit reports included the auditors' opinions that the financial statements of the corporation were presented fairly on a modified cash basis of accounting.
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Accounting standardsAudit reportsFederal corporationsFinancial statement auditsReporting requirementsFinancial statementsFederally chartered corporationFinancial managementRegulatory noncomplianceAuditors