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AFMD-83-66 1 (1983-06-10)

handle is hein.gao/gaobabebk0001 and id is 1 raw text is: 



BY THE COMPTROLLER GENERAL



Report To The Congress


OF THE UNITED STATES




Review of the Federal Housing

Administration Fund's Financial Statements

For The Year Ended September 30, 1981




GAO's review of the financial statements of
the Federal Housing Administration Fund
for the year ended September 30, 1981,
resulted in significant accounting and
financial reporting policy changes.

Because of the extensive time needed to
make these changes, and because of the
nature of GAO's review (which was to
provide accounting rather than auditing
services), no opinion is expressed on the
financial statements. The policy changes,
highlighted in footnotes 2E through 2H of
the financial statements, were necessary to
present the statements in accordance with
generally accepted accounting principles.








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                                                        GAO/AFMD-83-66
       .JUNE 10, 1983

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