(AGENPARL) - Roma, 5 Luglio 2022 - (AGENPARL) – mar 05 luglio 2022 [Copyright Office Logo ]
[FY2021 Audit]
Library of Congress Publishes Results of an Independent Audit of the Fiscal Year 2021 Fiduciary Financial Statements
NewsNet 972
July 5, 2022
Earlier this year, the Library of Congress contracted with an independent public accounting firm Cotton & Company LLP to conduct an audit of the financial statements prepared for the fiduciary assets administered by the Copyright Office’s Licensing Section. The purpose of this independent audit was to provide an opinion on the fairness of the statements in accordance with generally accepted accounting principles and to report on internal control over financial reporting and compliance with applicable laws and regulations.
The audit reported:
– the financial statements were fairly presented, in all material respects, in accordance with U.S. generally accepted accounting principles;
– no material or significant weaknesses in internal control over financial reporting; and
– no reportable noncompliance with provisions of laws and regulations tested or other matters.
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