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

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 FDIC's 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.

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Document Details

Document Type
Technical Report
Publication Date
May 01, 2001
Accession Number
ADA390363

Entities

Organizations

  • United States Government Accountability Office

Tags

DTIC Thesaurus Topics

  • Application Software
  • Business Administration
  • Computers
  • Congress
  • Corporations
  • Electronic Mail
  • Governments
  • Information Security
  • Information Systems
  • Law
  • Money
  • Personnel Management
  • Price Index
  • Social Security
  • Statistical Sampling
  • United States
  • United States Government

Fields of Study

  • Business

Readers

  • Defense Financial Management and Audit.
  • Government and Public Administration Law.
  • Petroleum Engineering