• F[()I R/\1. [l.lCTION COI\\,\\lSSION

1\.!r. K 'I ~II r N.W.

W"" IINC 1()N.l>.t:. 20,1(,J

REPORT OF TilE AUDIT DIVISION

ON TUE

SAUND[RS FOR CONGRESS CAMPAIGN COMMITTEE

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I. Background

A. Overy i C\"

This report is based upon an audit of the Saunders

for Congress Campn;gn Committee (lithe 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 ("the Act n ).

The audit was conducted pursuant to Section 438{a){8) of Title

2. United States Code, which directs the Commission to make

from time toti mea udits and fie 1dinvesti gat ion s ~'I i t h res pee t

to reports and statements filed under the provisions of the Act.

The Committee registered with the Federal E1cction

Commission on July 9, 1976, as the principal campaign committee

o f l~ a r r e nO. Sa unde ..'s, AIII e r; can Part y c ndid tel 0 r the U. S •

II0 usc 0 f Rep." esc n tat i v c s from the 6t h [) i s t ric t 0 f Virgin i a •

'The Committee maintained its headquarters in Bedford, Virginia • . . The audi t covered the period Apri 1 1, 1976 through

Apl'il 10,1977, the termination date of the Committee. During

that pCl"iod the Commi ttee reported begi noi ng cash of $-0-,

receipts of $55,944, expenditures of $55,944, and ending cash

of $-0-. ·

Th; s aII di t rep 0 r tis bas edon doc UIII C n t san d \'/0 1'" kin 9

papers SlJPPol"ting CJch of its fac.tua1 statements. They form

part 0 f the r ceo." d 1I P0 n \., h i c h the C0 IIImiss ion bas ed its dec; s ; 0 ns

on the III it t t c rsin t his rep 0 l" tand \'l ere avit i 1c1 b1e toe 0 IIImission c r s

and appropriate staff for review.

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The principal officers of the Committee dur1n~ the

period of the audit were Mr. Warren O. Saunders, Cha1rmdn.

end Mr. Lcon T. McGhee, Treasurer.

c. Scope

The audit included such tests as verification of

reported receipts and expenditures and individual trJnsJction~;

rev i C\'l 0 f r equi red sup po r tin9 doc ume n tation; a na 1y sis 0 f

Committee debts and obligations; and such other audit procedures

as deemed necessary under the circumstances.

II. Auditor's Statement

It is the opinion of the Audit staff, based upon cxaminJtion of the reports and statements filed and the records pre- sented, that the reports and statements of the Saunders for

Con 9ress Comr.l ittec fa i r 1y presen t the fin ancia 1 act i vi t i r. S 0 f

the Committee for the period covered by the audit. rio mJtC"ial

problems in complying with the Federal Election Campaign Act

were discovered during the course of ~he audit.

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