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AFMD-81-102 1 (1981-10-02)

handle is hein.gao/gaobabcma0001 and id is 1 raw text is: t1i1L COMPTROLLER GENERAL OF THE UNITED STATES WASHINGTON D.C. 20548 B-202052 OCTOBER 2,1981 116512 To the National Credit Union Administration Board We have examined the balance sheet of the National Credit Union Administration as of December 31, 1980, and the related statements of income and expense and changes in financial position for the year then ended. Our exam- ination was made pursuant to the Federal Credit Union Act, as amended (12 U.S.C. 1752a(f) and 1789 (1976 and Supp. III, 1979)) and in accordance with generally ac- cepted government auditing standards, and accordingly included such tests of the accounting records and such other auditing procedures as we considered necessary in the circumstances. In our opinion, the accompanying financial statements present fairly the financial position of the National Credit Union Administration as of December 31, 1980, and the results of its operations and changes in its financial position for the year then ended, in conformity with generally accepted accounting principles. Acting Comptroller en r of the United States AFMD-81-102 .6K /7'7t

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