General Accounting Office Washington, DC 20548 Department of Accounting and Information Management_part2 ppt
United States General Accounting Office Washington, D.C. 20548 Comptroller General of the United States _part1 docx
... versionwww.adultpdf.comGA!0 United States General Accounting Office Washington, D.C. 20548 Comptroller General of the United States B-114831 June 30, 1992 To the President of the Senate and the Speaker of the ... versionwww.adultpdf.comB.114881 Office of Management and Budget; the Secretary of the Treasury; the Chairman of the Board of Governors of the Federal Reserve System; the Acting Comptroller of the Currency; and the Chairmen ... versionwww.adultpdf.comGAO United States General Accounting Office Washington, D.C. 20648 Comptroller General of the United States B-l 14831 To the Board of Directors Federal Deposit...
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United States General Accounting Office Washington, D.C. 20548 Comptroller General of the United States _part2 pot
... time of our audit. FDIC's Office of the Inspector General conducted an audit of LAMIS between September 199 1 and January 1 992.7 The results of this audit identified many of the same ... positions we have taken regarding the need to recapitalize the Fund.6 Charles A. Bowsher Comptroller General of the United States May 11,199Z “Hcbuildi ~the Bank Insurance Fund, (GAO/T-GGD-91-25, ... reasonableness of the aggregate estimates of cash recoveries on the Fund’s existing inventory of failed bank assets. However, the existence of this material weakness significantly increases the risk...
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United States General Accounting Office Washington, D.C. 20548 Comptroller General of the United States _part3 potx
... addition to the actions recommended by the Inspector General to address the weaknesses in FDIC’S asset management system, we recommend that the Chairman of the FDIC direct the heads of the Division ... SAIF lf the emount ti obllgatlons In the respective Fund w0uk.l exceed the sum of: 1) Its cash and cash equivalents: 2) the amount equal to 90 percent of the fair-market value of its other assets; ... percent of Insured deposits. 2. Summary of Sfgnlflunl Accounting Policies Generel. These financial statements pertain to the flnanclal position, results of operations and cash flows of the BIF. These...
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United States General Accounting Office Washington, D.C. 20548 Comptroller General of the United States _part4 doc
... cost. The farther Into the future prolactlons of bank solvency are made, the greater the uncertainty of which banks will fall and the magnitude of the lose associated with those fallures. The ... The BIF pays the related employer-portlon of the coats. The BIF’a allocated share of penslon benefits and savings plans expenses as of December 31 consisted of the fdlowlng (In thousands of ... eueet pooi, the FDIC pays the assuming bank the aggregate of net losses over net geinr. lf any. In eddltlon to the rbcwe coete. for which the receiver has a claim against the assets of the receIvership,...
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United States General Accounting Office Washington, D.C. 20548 Comptroller General of the United States_part1 potx
... Chairman of the Board of Directors of the Federal Deposit Insurance Corporation; the Chairman of the Board of Governors of the Federal Reserve System; the Comptroller of the Currency; the Acting ... 20548 Comptroller General of the United States B-253861 June 24,1994 To the President of the Senate and the Speaker of the House of Representatives This report presents our opinions on the ... and Urban Affairs and the House Committee on Banking, Finance and Urban Affair-q the Secretary of the Treasury; the Director of the Office of Management and Budget; and other interested paxties....
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United States General Accounting Office Washington, D.C. 20548 Comptroller General of the United States_part2 potx
... assets, net of aU estimated liquidation costs. In the event of a deterioration in economic conditions, the marketability of these assets could be adversely affected, as could the ability of the responsible ... consolidated receivership offices. Because FDIC is in the process of merging certain consolidated receivership offices as part of its downsizing efforts, continued monitoring of these new procedures ... Manual. ‘“A4justed pool balance represents the principal balance of the asset, net of specific reserves, as reflected on the accounting records of the relevant failed bank or assuming bank less...
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United States General Accounting Office Washington, D.C. 20548 Comptroller General of the United States_part3 pot
... from the FDIC’s previous policy of recognizing these costs in the year the benefits were provided (i.e., the cash basis). In 1992, the BIF provided the accounting and administration of these ... behaIf of the BIF, the SAIF, the FRF and the RTC. Depreciation The FDIC has designated the BIF administrator of facilities owned and used in its operations. Consequently, the BlF includes the ... Improvement Aa of I99 1 (FDICIA) was enacted to further strengthen the insurance funds administered by the FDIC. The FDIC’s authority to borrow from the U.S. Treasury, on behalf of the BIF and the SAIF,...
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United States General Accounting Office Washington, D.C. 20548 Comptroller General of the United States_part4 doc
... triggered by the charge-off of assets covered by the loss-sharing agreement terms. The receiver absorbs the majority of the losses incurred and shares in the acquirer’s future recoveries of previously ... respectively. The estimated costs for these probable bank failures are derived in part from estimates of recoveries from the sale of the assets of these banks. As such, they are subject to the same ... upon the estimated cash recoveries from the management and disposition of the assets of the assisted or failed bank, net of all estimated liquidation costs. As of December 31, 1993 and 1992, the...
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United States General Accounting Office Washington, D.C. 20548 Comptroller General of the United States_part5 pdf
... 1993 the FDlC established a plan administrator to provide accounting and administration on behalf of the BIF, the SAIF, the FRF and the RTC. The BIF has transferred the majority of its share of ... increase the cost of bank resolutions to the FDIC. Further, comparisons with other financial instruments do not provide a reliable measure of their fair value. Due to these and other factors, the ... term liability to the plan administrator, In 1992 the BIF provided the accounting and administration of this obligation. The BIF has funded the majority of its obligation and these funds are...
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General Accounting Office Washington, DC 20548 Department of Accounting and Information Management_part1 pdf
... Fund BalancesPage 6 This is trial versionwww.adultpdf.comGAOUnited States General Accounting Office Washington, D.C. 20548 Accounting and Information Management DivisionB-279987 October 14, ... agency auditors and Treasury officials, ourreview and analysis of the October 1997 Treasury study, and our review of Treasury’s written procedures.We were able to use the results of the Treasury ... budget execution reports(Standard Form 133) to the Office of Management and Budget (OMB),(2) the prior year column of the President’s Fiscal Year 1999 Budget, and (3) Treasury’s Fiscal Year...
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General Accounting Office Washington, DC 20548 Department of Accounting and Information Management_part2 ppt
... Accounting Office P.O. Box 37050 Washington, DC 20013or visit:Room 1100700 4th St. NW (corner of 4th and G Sts. NW)U.S. General Accounting Office Washington, DC Orders may also be placed by ... Service, and General Government, House Committee on Ways and Means, House Committee onGovernment Reform and Oversight, House Subcommittee on GovernmentManagement, Information and Technology, and ... sending copies of thisreport to the Commissioner of the Financial Management Service; the Department of the Treasury Deputy Inspector General; the Chairmen and Ranking Minority Members of the Senate...
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United States Government Accountability Office Washington, DC 20548 September 20, 2005 pdf
... versionwww.adultpdf.com Page 1 GAO-05-814R State Department Fiscal Year 2003 Restatement United States Government Accountability Office Washington, DC 20548 September 20, 2005 ... U.S. Government Accountability Office, 441 G Street NW, Room 7125 Washington, D.C. 20548 Paul Anderson, Managing Director, AndersonP1@gao.gov (202) 512-4800 U.S. Government Accountability Office, ... are discounted 25 percent. Orders should be sent to: U.S. Government Accountability Office 441 G Street NW, Room LM Washington, D.C. 20548 To order by Phone: Voice: (202) 512-6000 TDD: (202)...
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United States Government Accountability Office Washington, DC 20548 September 30, 2005_part1 doc
... GAO-05-1024R Federal Entities Financial Audits United States Government Accountability Office Washington, DC 20548 September 30, 2005 Congressional Requesters Subject: Financial ... Senate Homeland Security and Governmental Affairs CommitteeHouse Government Reform CommitteeSubcommittee on Government Management, Finance and Accountability, House Government Reform CommitteeJune ... from the Director of the Office of Management and Budget (the Director).3 Further, chapter 91 of title 31 of the United States Code, commonly referred to as the Government Corporation Control...
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United States Government Accountability Office Washington, DC 20548 September 30, 2005_part2 docx
... AuditsSource: Office of Management and Budget and the Budget of the United States Government, Fiscal Year 2006, appendix and Fiscal Year 2005, appendix. As reported in the Budget of the United States Government, ... Executive branch entities CFO Act entities $2, 630,3 41 $2, 630,3 41 100.0 Accountability of Tax Dollars Act entitiesc 58,741 58,190 99.1 Government Corporation Control Act entitiesd 12,398 ... audited. d The Government Corporation Control act lists 24 government corporations. Seven of the listed entities under the act are not included in the federal budget. They are treated as government- sponsored...
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