Opportunities To Further Strengthen Internal Auditing in the Federal Deposit Insurance Corporation

GGD-80-46: Published: Mar 4, 1980. Publicly Released: Mar 4, 1980.

Additional Materials:

Contact:

Office of Public Affairs
(202) 512-4800
youngc1@gao.gov

An assessment of the Federal Deposit Insurance Corporations's (FDIC) Office of Corporate Audits was made under widely accepted internal auditing standards. While FDIC has made significant progress toward establishing an effective internal audit function, improvements are needed in the following six areas: (1) audit clarity and conciseness; (2) audit report timeliness; (3) preparation of written reports; (4) audit evidence verification procedures; (5) auditor performance evaluation process; and (6) monitoring internal audit activity.

Sep 22, 2020

Sep 4, 2020

Jul 21, 2020

Jul 6, 2020

Apr 30, 2020

  • finance icon, source: Comstock

    Priority Open Recommendations:

    Department of the Treasury
    GAO-20-549PR: Published: Apr 23, 2020. Publicly Released: Apr 30, 2020.

Apr 27, 2020

Apr 21, 2020

Apr 20, 2020

Looking for more? Browse all our products here