Accession Number:

ADA390363

Title:

FINANCIAL AUDIT: Federal Deposit Insurance Corporation's 2000 and 1999 Financial Statements

Descriptive Note:

Corporate Author:

GENERAL ACCOUNTING OFFICE WASHINGTON DC

Personal Author(s):

Report Date:

2001-05-01

Pagination or Media Count:

72.0

Abstract:

This report presents our opinions on the financial statements of the Bank Insurance Fund, the Savings Association Insurance Fund, and the FSLIC Resolution Fund FRF for the years ended December 31, 2000 and 1999. These financial statements are the responsibility of the Federal Deposit Insurance Corporation FDIC, the administrator of the three funds. This report also presents 1 our opinion on the effectiveness of FDICs internal control as of December 31, 2000, and 2 our evaluation of FDIC s compliance with laws and regulations during 2000. In addition, it discusses a reportable weakness in information system general controls detected during our 2000 audits, and the future activities of FRF.

Subject Categories:

  • Administration and Management
  • Economics and Cost Analysis

Distribution Statement:

APPROVED FOR PUBLIC RELEASE