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Government Operations: Comments on H.R. 3115

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Report Type Reports and Testimonies
Report Date Feb. 1, 1984
Report No. 123349
Subject
Summary:

GAO discussed H.R. 3115, a bill to relieve GAO of the responsibility of performing an annual audit of the financial statements of the Disabled American Veterans (DAV). GAO believes that it is not advisable for it to annually audit DAV, a federally chartered non-profit organization, because: (1) the scope of GAO audit authority over DAV may not satisfy the requirements of State and local authorities; (2) GAO audits of DAV could be misleading to those who assume that the audit reports are the result of usual GAO audit work; and (3) GAO audits of DAV are duplicative when DAV has been audited by a public accounting firm. GAO stated that H.R. 3115 is consistent with its recommendation that the DAV enabling legislation be amended to eliminate the requirement for an annual GAO audit.

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