Financial Audit: Resolution Trust Corporation's 1993 and 1992 Financial
Statements (Letter Report, 06/27/94, GAO/AIMD-94-148).
This report presents the results of GAO's audits of the Resolution Trust
Corporation's (RTC) financial statements for 1993 and 1992, GAO's
opinion on internal controls, and GAO's evaluation of compliance with
laws and regulations. This report also discusses (1) the significant
progress made by RTC in addressing internal control weaknesses GAO
identified in its audit of RTC's 1992 financial statements; (2) new
internal control weaknesses GAO identified and GAO's recommendations to
correct them; (3) issues affecting estimated recoveries from failed
thrifts, including uncertainties and operating controls; and (4) the
estimated unused loss funds after RTC's completion of all resolution
activities.
--------------------------- Indexing Terms -----------------------------
REPORTNUM: AIMD-94-148
TITLE: Financial Audit: Resolution Trust Corporation's 1993 and
1992 Financial Statements
DATE: 06/27/94
SUBJECT: Financial statement audits
Financial management
Auditing standards
Corporate audits
Internal controls
Accounting procedures
Financial records
Savings and loan associations
Bank failures
Compliance
IDENTIFIER: Savings Association Insurance Fund
SAIF
************************************************************************
We regret that the full text of this item is presently unavailable.
See the GAO FAQ - Section 2.0 for printed copy ordering information.
The FAQ is automatically retrieved with all WAIS search results or
can be obtained by sending e-mail to: [email protected]