Financial Audit: The Farm Credit System Insurance Corporation's 2003 Management Representation Letter on Its Financial Statements

摘要

In connection with our audit of the fiscal year 2004 CFS, we evaluated Treasury's financial reporting procedures and related internal control, including the CFS management representation letter. For the fiscal year 2004 CFS, 33 of the 35 verifying agencies submitted audited financial statements along with their management representation letters to Treasury. In our review of these 33 management representation letters, our overall objective was to assess their adequacy as it relates to our audit of the CFS.