Financial Audit: Congressional Award Foundation's Fiscal Years 2012 and 2011 Financial Statements.

摘要

The Foundations management is responsible for preparing the annual financial statements in conformity with U.S. generally accepted accounting principles, establishing and maintaining the Foundations internal control over financial reporting to provide reasonable assurance that the control objectives established in GAOs Standards for Internal Control in the Federal Government. We are responsible for planning and performing the audit to obtain reasonable assurance and provide our opinion about whether the Foundations financial statements are presented fairly, in all material respects, in conformity with U.S. generally accepted accounting principles. We are also responsible for (1) obtaining a sufficient understanding of internal control over financial reporting to plan the audit and (2) testing compliance with selected provisions of laws and are met, and complying with applicable laws and regulations. regulations that have a direct and material effect on the financial statements.