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DOCUMENT RESUME
02474 - [A1712698]
Audit of the House Beauty Shop, Calendar Year 1976. GGD-77-54;
B-l1S2878. June 8, 1977. 6 pp.
Report to Rep. Yvonne Brathwaite Burke, Chairman, House Select
Committee on the House Beauty Shop; by Elmer B. Staats,
Comptrcller General.
Issue Area: Accounting and Financial Peporting (2800).
Contact: General Government Div.
Budget Function: General Government: Legislative Functions
(91).
Congressional Relevance: House Committee on House
Administration; House Select Committee on the House Beauty
Shop.
Authority: Legislative Branch Lppropriatiors Act (83 Stat. 347).
H. Res. 1000 (90th Cong.).
The accounts records provided by the Bouse Peauty Shop,
which were maintained on a cash basis, were adjusted to present
the Shop's financial position and results of operations on an
accrual basis. These statements do not include the cost of
certain benetits and services, such as rent and utilities, which
the Shop does not pay. Pindingv/Conclusions: The Select
Committee on the House Beaut- Shop entered iuto a fixed-fee
contract with a manager to operate the shcp. As of December 31,
1976, the manager employed nine hair dressers, two manicurists,
an assistant to the manager, and two receptionists or. a
full-time basis; and eight hair dressers, a manicurist, two
maids, ani an electrologist on a part-time basis. The
comparative statement of operations shows a net income of $3,696
for 1976 after payment of $7,350 in boi uses compared with a net
income of $6,596 in 1975 after payment of $2,520 in bonuses.
After restoring any impairment of capital and providing for
replacement of equipment, net income must be transferred to the
general fund of the U.S. Treasury. Por 1976, this amo*nt was
$1,875.07; and accumulated since 1969, the total artount was
$36,323. Recommendations made in the 1975 audit report have been
implemented, except for tax deductions for some employees which
were not in accordance with tax withholding authorizations.
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