Securities (71 - 72 of 72 items)
Control Improvements Needed in Accounting for Treasury Securities at the Federal Reserve Bank of New York
AFMD-84-10: Published: May 2, 1984. Publicly Released: May 2, 1984.
GAO summarized the results of its internal control review of the Federal Reserve Bank of New York's accounting systems for Treasury securities.Although the Bank has extensive controls in place to identify errors and abuse, GAO found weaknesses in both the automated and manual controls. GAO identified 15 incorrect payments totalling $2.7 million. Inadequate records prevented GAO from verifying that...