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GAO-05-504R 1 (2005-06-10)

handle is hein.gao/gaocrptarok0001 and id is 1 raw text is: SGAO Accountability * Integrity Reliability United States Government Accountability Office Washington, DC 20548 June 10, 2005 The Honorable F. James Sensenbrenner, Jr. Chairman Committee on the Judiciary House of Representatives Subject: Federally Chartered Corporation: Financial Statement Audit Report for the General Federation of Women's Clubs for Fiscal Year 2003 Dear Mr. Chairman: As requested, we read the audit report covering the financial statements of the General Federation of Women's Clubs, a federally chartered corporation, for the fiscal year ended June 30, 2003. The corporation's objective is to communicate with and unite the various women's clubs and like organizations throughout the world for their mutual benefit and to promote their common educational, industrial, philanthropic, literary, artistic, and scientific interests. 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 and * obtain an annual financial audit by an independent public accountant. Our objective was to advise you of any matters in the report regarding compliance with the financial reporting requirements of the law. In carrying out our work, we read the corporation's financial statements and the accompanying notes, performed certain analytical procedures related to information presented in the financial statements, and read the auditor's report. We did not identify any instance of noncompliance with the above financial reporting requirements of the law. We did not perform an audit or review the auditor's working papers, and we are not rendering an audit opinion. GAO-05-504R General Federation of Women's Clubs

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