Pursuant to a congressional request, GAO examined the financial
statements of four House of Representatives interparliamentary
groups for the year ended December 31, 1988, and the related
statements of cash receipts, expenditures, and fund balances and of
cash flows for the year then ended. GAO found that the financial
statements: (1) presented fairly the financial position of the four
interparliamentary groups, and the results of their operations for
the year then ended; and (2) conformed with generally accepted
accounting principles applied on a consistent basis.
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