Financial Audit: Commodity Credit Corporation's Financial Statements for 1988 and 1987
AFMD-89-83
Published: Aug 04, 1989. Publicly Released: Aug 04, 1989.
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Highlights
Pursuant to a legislative requirement, GAO reviewed the Commodity Credit Corporation's (CCC): (1) financial statements for the fiscal years ended September 30, 1988 and 1987; and (2) internal accounting controls and compliance with laws and regulations for the year ended September 30, 1988.
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Accounting proceduresCorporate auditsDelinquent loansFederal agency accounting systemsFederal corporationsFinancial managementFinancial recordsFinancial statement auditsInternal controlsLoan accounting systemsLossesNoncompliance