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Diane Publishing Books
Financial Audit: Federal Deposit Insurance Corporation (FDIC) Fundsäó» 2014 and 2013 Financial Statements
James R. Dalkin (au)
Created in 1933 to insure bank deposits and promote sound bankingpractices, the Federal Deposit Insurance Corporation (FDIC) plays an important role in maintaining public confidence in the nation's financial system. FDIC administers the Deposit Insurance Fund (DIF), which protects bank and savings deposits, and the FSLIC Resolution Fund (FRF), which was created to close out the business of the former Federal Savings and Loan Insurance Corporation (FSLIC). This report examined whether (1) FDIC's financial statements for the DIF and for the FRF are presented fairly, in accordance with U.S. generally accepted accounting principles; (2) FDIC maintained effective internal control over financial reporting; and (3) there are any reportable instances of FDIC noncompliance with tested provisions of applicable laws, regulations, contracts, and grant agreements. Figures. This is a print on demand report.
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