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AFMD-82-82 1 (1982-07-23)

handle is hein.gao/gaobabmnc0001 and id is 1 raw text is: COMPTROLLER GENERAL OF THE UNITED STATES WASHINGTON D.C. 20548 B-162878 JULY 23,1982 The Honorable Augustus F. Hawkins Chairman, Committee on House Administration II I B Nl11111111 House of Representatives 119175 Dear Mr. Chairman: Subject: Audit of the House of Representatives Beauty Shop Revolving Fund for Calendar 1981 (GAO/AFMD-82-82) As required by the Legislative Branch Appropriation Act, 1970 (83 Stat. 347), and in accordance with the November 25, 1981, re- quest from the Chairman of the Subcommittee on Services, Committee on House Administration, we have examined the balance sheet of the House Beauty Shop Revolving Fund as of December 31, 1981 and 1980, and the related statements of operations and changes in finanial position for the years then ended. Our examination was made in accordance with generally accepted 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 financial statements referred to above present fairly the financial position of the House Beauty Shop Re- volving Fund as of December 31, 1981 and 1980, and the results of its operations and changes in financial position for the year then ended, in conformity with generally accepted accounting principles and the financial accounting policies described in note 1 to the financial statements applied on a basis consistent with that of the preceding year. As required by the Legislative Branch Appropriation Act, 1970 we are sending copies of this report to the Speaker of the House of Representatives and to the Clerk of the House of Representatives. Sincerely yours, Comptroller General of the United States Enclosures (916681)