Summary

GAO examined the Inter-American Foundation's financial statements as of September 30, 1984, and the related statements of operations and changes in fund balances, invested capital, and the cumulative results of such changes in its financial position for that year.

GAO found that the financial statements of the Inter-American Foundation, and the results of its operations and changes in its financial position for the year ended September 30, 1984, were presented fairly and conformed with generally accepted accounting principles.