Financial Audit
Independent Counsel Expenditures for the Six Months Ended September 30, 2003 Gao ID: GAO-04-525 March 31, 2004Pursuant to a legislative requirement, GAO audited the expenditures of two offices of independent counsel for the 6 months ended September 30, 2003.
In our audits covering the 6 months ended September 30, 2003, we found (1) the statements of expenditures presented for the offices of independent counsel (OIC) David M. Barrett and Julie F. Thomas, respectively, are presented fairly, in all material respects, in conformity with the basis of accounting described in note 1 of each counsel's statement, which is principally the cash basis, a comprehensive basis of accounting other than U.S. generally accepted accounting principles; (2) no material weaknesses in internal control over financial reporting (including safeguarding assets) and compliance with laws and regulations; and (3) no reportable noncompliance with laws and regulations we tested.