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PAV87/06l488

FEDERAL ELECTION COMMISSION

WASIIINCION () ( 2041>1

A87-29

June 14, 1988

MEMORANDUM

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FROM:

SUBJECT:

FRED EILAND

CHIEF, PRESS OFFICE \

ROBERT J. COSTA - /'\,/l:::~ ASSISTANT STAFF DIRECTOR

AUDIT DIVISION

PUBLIC ISSUANCE OF FINAL AUDIT REPORT - LIFE AMENDMENT POLITICAL ACTION

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Attached please find a copy of the final audit report of

Life Amendment Political Action which was approved by the

Commission on May 4, 1988.

Informational copies of the report have been received by all

parties involved and the report may be released to the public.

Attachment as stated

cc: Ofice of General Counsel ,~ ~fice of Public Disclosure

Reports Analysis Division

FEC Library

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FAV87/030488

FEDERAL ElECTION COMMISSION

WASHINCTON. 0 C 20463

REPORT OF THE AUDIT DIVISION

ON THE

LIFE AMENDMENT POLITICAL ACTION COMMITTEE, INC.

I. Backgrounc!

A. Overview

This report is based on an audit of the Life Amendment

Political Action Committee, Inc. ("the Committee"), undertaken by the Audit Division of the Federal Election Commission in

accordance with the Commission's audit policy to determine

whether there has been compliance with the provisions of the

Federal Election Campaign Act of 1971, as amended (lithe Act") • The audit was conducted pursuant to Section 438(b) of Title 2 of

the United States Code which states, in part, that the Commission

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

title. Prior to conducting any audit under this subsection, the

Commission shall perform an internal review of reports filed by selected committees to determine if the reports filed by 8

particular committee meet the threshold requirements for

substantial compliance with the Act.

The Committee registered with the Federal Election

Commission on November 7, 1977. The Committee maintains its

headquarters in Everett, Washington.

The audit covered the period January 1, 1985 through

December 31, 1986. The Commi ttee reported a cash balance on

January 1, 1985 of $1,892.06: total receipts for the period of

$143,682.13: total disbursements for the period of $141,658.55:

and a cash balance on December 31, 1986 of $3,915.64.

This audit report is based on documents and workpapers

which support 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.

B. Key Personnel

The Treasurer of the Committee during the period • covered by the audit was Mr. Rick Woodrow.
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C. Scope

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The audit included such tests as verification of total

reported receipts and disbursements and individual transactionsJ

review of required supporting documentationJ analysis of

Committee debts and obligationsJ and such other audit procedures

as deemed necessary under the circumstances. However, because

the Committee provided incomplete bank records for 1985 and 1986,

the Audit staff was unable to verify total reported receipts and

disbursements. Further, incomplete contribution, disbursement,

and debts and obligations records severely hampered the reviews

necessary to determine whether the Committee's 1985 and 1986

reported activity was in substantial compliance with the Act.

II. Audit Finding and Recommendation

A matter noted during the audit was referred to the

Commission's Office of General Counsel.

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