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.

Nov 15, 2016

Nov 14, 2016

Nov 10, 2016

Nov 4, 2016

Oct 28, 2016

Aug 19, 2016

Looking for more? Browse all our products here