In May 2009, a report was issued on the calendar y

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Management Report: Opportunities for Improvement in FDIC’s Internal Controls and Accounting Procedures

Our Price: $15.00

By Steven J. Sebastian (au)
Year: 2009
Pages: 16
Binding Paperback

Product Code: 1437922287

Description

In May 2009, a report was issued on the calendar year 2008 financial statements of the Deposit Insurance Fund (DIF) and the FSLIC Resolution Fund. A report was also issued on the effectiveness of the Federal Deposit Insurance Corp. (FDIC) internal control over financial reporting as of Dec. 31, 2008, and an evaluation of FDIC’s compliance with provisions of selected laws and regulations for the two funds for the year ended Dec. 31, 2008. The purpose of this report is to present issues identified during the audit of the 2008 financial statements regarding certain internal controls and accounting procedures and to recommend actions to address these issues. Illustrations.

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