Financial Audit: Congressional Award Foundation's Fiscal Years 2001 and 2000 Financial Statements

A letter report issued by the General Accounting Office with an abstract that begins "GAO audited the financial statements of the Congressional Award Foundation for fiscal years 2000 and 1999 and the related statements of activities and cash flows. GAO found that (1) the financial statements were presented fairly in conformity with U.S. generally accepted accounting principles, (2) the Foundation had effective internal control over financial reporting and compliance with laws and regulations, and (3) there was no reportable noncompliance with laws and regulations tested.