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106516 1 (1978-07-21)

handle is hein.gao/gaobacxrh0001 and id is 1 raw text is: 









DOCUNENT RESUME


06516  - [82087096] (Restricted)

fExamination  of Financial Statements oi the Government lational
Mortgage  Association for Fiscal Year 1577]. J.l;y 21, 1976. 1 pp.

Report  to John H. Dalton, President, Gcvernment Natical
Mortqaqe  Association; by Richard J. Mccda, Associate Director,
Community and  Economic Development Div.

Contact: Community and  Economic Development Div.
Authority:  Government 'orporation Ccatcl  Act (P.L. 93-4C4).

         An audit of the Government  Naticoal Mortgage
Association's  financial statements for the fiscal year ended
September 30,  1977, was completed, bit, because it was nct
feasible to carry out certain audit  prccedczes, issuance of an
audit report was not planned. This does not imply a disclaimer
or adverse option of the financial statements. GAO audits are no
lonqer required to be performed annually since the Government
Ccrpcration Control Act requires audits of Government
corporations* financial transacticns at least once every 3
years. (HTN)

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