Federally Chartered Corporation: Review of the Financial Statement Audit Report for the National Safety Council for Fiscal Year 1998 Page: 1 of 4
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(A O General Accounting Office
Washington, D.C. 20548
Accounting and Information
March 26, 1999
The Honorable Henry J. Hyde
Chairman, Committee on the Judiciary
House of Representatives
Subject: Federally Chartered Corporation: Review of the Financial Statement
Audit Report for the National Safety Council for Fiscal Year 1998
Dear Mr. Chairman:
As requested, we reviewed the audit report covering the financial statements of the National
Safety Council, a federally chartered corporation, for the fiscal year ended June 30, 1998. The
purpose of the corporation is to promote safety to human life in the industries of the United
Federally chartered corporations are required under 36 U.S.C. 1102-1103 to
* present the corporation's assets and liabilities and reasonable detail on the corporation's
income and expenses in annual financial statements,
* obtain an annual financial audit by an independent public accountant, and
* submit the auditor's report and the corporation's financial statements to the Congress.
The objective of our review was to determine whether the audit report complied with the
financial reporting requirements of the law. In carrying out our work, we reviewed the
corporation's financial statements and the accompanying notes, performed certain analytical
procedures related to information presented in the financial statements, reviewed the
auditor's report, and made inquiries to corporation officials or the auditor as we deemed
necessary. We did not.review the auditor's working papers. Our review disclosed no
reportable instances of noncompliance.
GAO/AIMD-99-119R National Safety Council
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United States. General Accounting Office. Federally Chartered Corporation: Review of the Financial Statement Audit Report for the National Safety Council for Fiscal Year 1998, text, March 26, 1999; Washington D.C.. (digital.library.unt.edu/ark:/67531/metadc296287/m1/1/: accessed November 16, 2018), University of North Texas Libraries, Digital Library, digital.library.unt.edu; crediting UNT Libraries Government Documents Department.