Federally Chartered Corporation: Review of the Financial Statement Audit Report for the National Mining Hall of Fame and Museum for 2000 (17-MAY-02, GAO-02-758R). GAO reviewed the audit report covering the financial statements of the National Mining Hall of Fame and Museum for fiscal year 2000. GAO found no reportable instances of noncompliance. The audit reports included the auditors' opinions that the financial statements of the corporation were presented fairly in accordance with general accounting principles. -------------------------Indexing Terms------------------------- REPORTNUM: GAO-02-758R ACCNO: A03386 TITLE: Federally Chartered Corporation: Review of the Financial Statement Audit Report for the National Mining Hall of Fame and Museum for 2000 DATE: 05/17/2002 SUBJECT: Financial statement audits Accounting standards Audit reports Reporting requirements Federal corporations ****************************************************************** ** This file contains an ASCII representation of the text of a ** ** GAO Product. ** ** ** ** No attempt has been made to display graphic images, although ** ** figure captions are reproduced. Tables are included, but ** ** may not resemble those in the printed version. ** ** ** ** Please see the PDF (Portable Document Format) file, when ** ** available, for a complete electronic file of the printed ** ** document's contents. ** ** ** ****************************************************************** GAO-02-758R GAO- 02- 758R National Mining Hall of Fame and Museum United States General Accounting Office Washington, DC 20548 May 17, 2002 The Honorable F. James Sensenbrenner, Jr. Chairman, Committee on the Judiciary House of Representatives Subject: Federally Chartered Corporation: Review of the Financial Statement Audit Report for the National Mining Hall of Fame and Museum for 2000 Dear Mr. Chairman: As requested, we reviewed the audit report covering the financial statements of the National Mining Hall of Fame and Museum, a federally chartered corporation, for the year ended December 31, 2000. The corporation?s purposes include honoring people who have made contributions to the establishment, development, advancement, or improvement of mining in the United States; and establishing and maintaining a library and museum for collecting and preserving the history of mining. Federally chartered corporations are required under 36 U. S. C. 10101 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 auditors? 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, and reviewed the auditors? report. However, we did not review the auditors? working papers, and we are not rendering an audit opinion. Our review disclosed no reportable instances of noncompliance with the financial reporting requirements of the law. GAO- 02- 758R National Mining Hall of Fame and Museum Page 2 The audit report included the auditors? opinion that the financial statements of the corporation were presented fairly in accordance with U. S. generally accepted accounting principles. We are returning the audit report you sent with your letter. Sincerely yours, Jeanette M. Franzel Acting Director Financial Management and Assurance w/ o Enclosure (194101) *** End of document. ***