Examination of the FHLBB and FSLIC Financial Statements for the Years Ended December 31, 1983 and 1982

AFMD-84-47: Published: May 30, 1984. Publicly Released: May 30, 1984.

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GAO examined the financial statements of the Federal Home Loan Bank Board (FHLBB) and the Federal Savings and Loan Insurance Corporation (FSLIC) as of December 31, 1983 and 1982, and the related statements of income and expenses and changes in financial position for the years then ended.

GAO found that the statements reviewed presented fairly the financial positions of FHLBB and FSLIC as of December 31, 1983 and 1982, and the results of their operations and the changes in their financial positions for the years then ended in conformance with generally accepted accounting principles applied on a consistent basis.

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