Section 15Sec./Art. 15

Annual Accounts.- The Corporation shall maintain such accounts and other records under a commercial system of accounting on a calendar year basis. The Board shall cause the publication of the Corporation's annual statement of income and expenditures, including its balance sheet at the end of the reporting period.

The audited annual statement of accounts of the Corporation shall present a true and fair value of the financial position of the Corporation and of the results of the operations during the year to which it relates.

For completeness of postal statistics, the Corporation shall likewise record the quantity of official business mails, and the equivalent revenues foregone had the corresponding postage been collected thereto. This shall include "franked mail", or mail matter transmitted without payment of postage under the autographic or facsimile signature of officials to whom this privilege is extended by law, and under such rules promulgated by the Corporation to prevent the unauthorized use thereof.