Attached please find a copy of the final audit report of the above named committee which was approved by the

Commission on September 9, 1986.

An informational copy was mailed to the Treasurer on

September 11, 1986 (return receipt requeste~) and September 25, 1986 (first class). To date, we have not received notice

that the report was received or returned. Therefore, the report

may be released to the public.

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MEMORANDUM

TO:

PROM:

SUBJBCT:

FEDERAL ELECTION COMMISSION

WASHINCTON, D.C. 20463

A85-22

October 1, 1986

FRED EILAND

CHIEP, PRISS OPFlCE

ROBERT J. COSTA

ASSISTANT STAPP DIRECTOR

AUDIT DIVISION

PUBLIC ISSUANCE or PINAL AUDIT REPORT - LIPE AMENDMENT POLITICAL ACTION COMMITTEE

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Attachment as stated

cc: FEC Library

RAD

Office of General Counsel ~fublic'Disclosure
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FEDERAL ELECTION COMMISSION

WASHINCTON, D.C. 20463

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A8S-22

..,ORT or '1'BB AUDIT DIVISION

ON TO

LIP. AMBRDMIRT POLITICAL ACTION COMMITTBI, INC.

I. Background

A. Overview

This report i8 baaed on an audit of the Life Amendment

Political Action Committee, Inc. (-the Committe.-), undertaken by the Audit Division of tbe Pederal Blection Commission in

accordance with tbe Commi••lon'. audit policy to determine

Whether there bas been compliance with the provi8ions of the

Pederal Blection Campaign Act of 1971, a. amended (Wthe Act-). The audit was conducted pur8uant to Section 438(b) of Title 2 of

the United States Code which state., 1n part, that the Commission

may conduct audita and field investigations of any political committee required to file a report under Section 434 of this

title. Prior to conducting any audit under thi8 8ubsection, the

Commission shall perform an internal review of reports filed by selected committees to determine if the reports filed by a

particular committee meet the threshold requirements for

substantial compliance with the Act.

The Committee registered with the Pederal Election

Commission on November 7, 1977. The Committee maintains its

headquarters in Medford, Oregon.

The audit covered the period January 1, 1983 through December 31, 1984. The Committee reported a cash balance on

January 1, 1983 of $1,553.33, total receipts for the period of

$216,357.72, total disbursements for the period of $216,018.99

and a cash balance on December 31, 1984 of $1,892.06.

This audit report is based on documents and work papers which sUPpO~t each of its factual statements. They form part of

the record upon which the Commission based its decisions on the

matters in the report and were available to the Commissioners and

appropriate staff for review•
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B. Key Personnel

The Treasurer of the Committee for the period January 1, 1983 to March 1, 1984 was Mr. Paul Brown. Mr. Robert Sassone

served as Treasurer of the Committee from March 1, 1984 to April 10, 1984, and Mr. Rick Woodrow served as Treasurer from April 11, 1984 to December 31, 1984.

II.

c. Scope

Except as set forth in this paragraph, the audit

included such tests as verification of total reported receipts and disbursements and individual transactions, review of required supporting documentation, analysis of Committee debts and

obligations, and such other audit procedures as deemed necessary under the circumstances. Bowever, the Committee did not provide the Audit staff with any bank records for 1983 and provided

incomplete bank records for 1984. Purther, the Committee did not

maintain adequate contributor documentation necessary to

determine if the Committee's 1983 and 1984 reported activity was

in substantial compliance with the Act.

Audit Findings and Recommendations

A. Matters Referred to the Office of General Counsel

Certain matters noted during the audit were referred to

the Commission's Office of General Counsel•

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