Financial Audit:

Accounting and Internal Control Issues Identified During GAO's 1999 FDIC Financial Statement Audits

AIMD-00-271R: Published: Aug 11, 2000. Publicly Released: Aug 11, 2000.

Additional Materials:

Contact:

Robert W. Gramling
(202) 512-3000
contact@gao.gov

 

Office of Public Affairs
(202) 512-4800
youngc1@gao.gov

Pursuant to a legislative requirement, GAO provided information on internal control weaknesses identified during GAO's audits of the Federal Deposit Insurance Corporation's (FDIC) 1999 financial statements.

GAO noted that there were: (1) losses in the securitization-related escrow account; (2) errors in the allowance calculation for FDIC receivables; and (3) weaknesses with account transaction controls within FDIC's Financial Information Management System.

Dec 17, 2015

Nov 16, 2015

Nov 13, 2015

Nov 12, 2015

Nov 10, 2015

Nov 6, 2015

Nov 5, 2015

Oct 16, 2015

Looking for more? Browse all our products here