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Financial Management: Audit of the Centennial of Flight Commission

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Report Type Reports and Testimonies
Report Date Oct. 22, 2001
Report No. GAO-02-43R
Subject
Summary:

The Centennial of Flight Commission was created in 1998 to provide recommendations and advice to the President, Congress, and federal agencies on ways to encourage and promote national and international participation and sponsorships in commemoration of the centennial of powered flight. All 45 of the Commission's recorded financial transactions for fiscal years 2000 and 1999 were supported by documentation that was approved by management. The Commission recorded no donations, user fees, or in-kind donations for fiscal years 1999 and 2000. Also, the Commission's obligations exceeded its fiscal year 2000 appropriation of $600,000 by $29,729.

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