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AFMD-83-6 1 (1983-01-06)

handle is hein.gao/gaobabmua0001 and id is 1 raw text is: 

-  COMPTROLLER GENERAL OF THE UNITED STATES
                          WASHINGTON D.C. 20548


8-133045                                        JANUARY 6, 1983





To the President of the Senate and the
Speaker of the House of Representatives

     Subject: Audit of the Senate Building Beauty Shop for
               the Fiscal Year Ended February 28, 1982
               (GAO/AF0D-83-6)

     Pursuant to section 451 of the Legislative Reorganization Act
of 1970 (40 U.S.C. 193m-1), we have examined the balance sheets of
the Senate Building Beauty Shop as of February 29, 1982 and 1981,
and the related statements of income and expense, changes in finan-
cial nosition, and changes in partners' capital accounts for the
years then ended. Our examination was made in accordance with gen-
erally accepted government auditing standards, and accordingly in-
cluded such tests of the accounting records and such other auditing
procedures as we considered necessary in the circumstances.

     In our opinion, the financial statements referred to above
present fairly the financial position of the Senate Building Beauty
Shop as of February 28, 1982 and 1981, and the results of its oper-
ations and changes in financial position for the years then ended,
in conformity with generally accepted accounting principles and the
financial accounting ?olicies described in note 1 to the financial
statements exceot for changes in the method of computing deprecia-
tion and amortization with which we concur, as described in note 1
to the financial statements apolied on a basis consistent with that
of the preceding year.

     Enclosures I and II contain our report on internal accounting
controls and compliance with laws and regulations, and our comments
on the shoo's operations. Enclosures III through VII present the
shop's financial statements and accompanying notes for fiscal 1991
arnd i 1992.





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