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Financial Audit: Resolution Trust Corporation's 1992 and 1991 Financial Statements

AIMD-93-6 Published: Jun 30, 1993. Publicly Released: Jun 30, 1993.
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Highlights

GAO reviewed the Resolution Trust Corporation's (RTC): (1) financial statements for the years ended December 31, 1992 and 1991; and (2) internal accounting controls and compliance with applicable laws and regulations.

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Accounting proceduresBank failuresCorporate auditsFederal agency accounting systemsFinancial recordsFinancial statement auditsFuture budget projectionsInsured commercial banksInternal controlsLossesSavings and loan associations