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AIMD-00-204R 1 (2000-06-02)

handle is hein.gao/gaobacnst0001 and id is 1 raw text is: 


   I
 GAO

        Accountability * Integrity * Reliability
United States General Accounting Office                               Accounting and Information
Washington, DC 20548                                                        Management Division





          B-285095

          June 2, 2000

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

          Subject: Federally Chartered Corporation: Review of the Financial Statement Audit
                   Report for the Girl Scouts of the United States of America for Fiscal Years
                   1997 and 1998

          Dear Mr. Chairman:

          As requested, we reviewed the audit report covering the financial statements of the Girl
          Scouts of the United States of America, a federally chartered corporation, for the fiscal years
          ended September 30, 1997 and 1998. The corporation promotes qualities and virtues among
          girls, as a preparation for their responsibilities in the home and becoming leaders in business,
          government, and their communities.

          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. Our review disclosed no
          reportable instances of noncompliance.


GAO/AIMD-00-204R Girl Scouts of the United States of America

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