Financial Audit:

Federal Deposit Insurance Corporation's Financial Statements for 1985 and 1984

AFMD-86-67: Published: Jul 30, 1986. Publicly Released: Jul 30, 1986.

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GAO examined the statement of financial position of the Federal Deposit Insurance Corporation (FDIC) for the years ended December 31, 1985 and 1984, and the related statements of income and the deposit insurance fund, and of the changes in financial position for the years then ended.

GAO found that the financial statements referred to presented fairly the financial position of FDIC as of December 31, 1985 and 1984, and the results of its operations and the changes in its financial position for the years then ended, in conformity with generally accepted accounting principles applied on a consistent basis.

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