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AIMD-00-112R 1 (2000-03-03)

handle is hein.gao/gaobacnpp0001 and id is 1 raw text is: 




~GAO
         A-ontability * Integrity * Reliability
United States General Accounting Office                               Accounting and Information
Washington, DC 20548                                                        Management Division






          B-284318

          March 3, 2000

          The Honorable Henry J. Hyde
          Chairman, Committee on the Judiciary
          House of Representatives

          Subject: Federally Chartered CoMoration: Review of the Financial Statement Audit
                    Report for the Civil Air Patrol, Incororated. for Fiscal Years 1996 and 1997


          Dear Mr. Chairman:

          As requested, we reviewed the audit report covering the financial statements of the Civil Air
          Patrol, Incorporated, a federally chartered corporation, for the fiscal years ended
          September 30, 1996 and 1997. The purpose of the corporation is to encourage and foster civil
          aviation in local communities and to provide adequate facilities to assist in meeting local and
          national emergencies.

          Federally chartered corporations are required under 36 U.S.C. 10101 to

          * present the corporation's assets and liabilities and reasonable detail on the corporation's
             income and expenses in annual financial statements,

          * obtain an annual financial audit by an independent public accountant, and

          * submit the auditor's report and the corporation's financial statements to the Congress.

          The objective of our review was to determine whether the audit report complied with the
          financial reporting requirements of the law. In carrying out our work, we reviewed the
          corporation's financial statements and the accompanying notes, performed certain analytical
          procedures related to information presented in the financial statements, reviewed the
          auditor's report, and made inquiries to corporation officials or the auditor as we deemed
          necessary. We did not review the auditor's working papers.


GAO/AIMD-112R Civil Air Patrol, Incorporated

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