United States Government Publishing Office publisher pbl distributor dst United States Government Accountability Office author aut Government Organization text government publication eng GAOREPORTS Legislative Agency Publications gao legislative 2010-08-12 U.S. Government Printing Office 2003-06-16 monographic deposited born digital 44 p. GA 1.13:GAO-03-366 https://www.govinfo.gov/app/details/GAOREPORTS-GAO-03-366 P0b002ee180379074 f:d03366 DGPO 2010-08-12 2011-03-28 GAOREPORTS-GAO-03-366 machine generated eng fdlp REPORT GAOREPORTS-GAO-03-366 GAO-03-366 Bank management Internal controls Audit oversight Financial statement audits Other Written Product A07163 The Congress passed Public Law 106-429 because it was concerned about the sufficiency of external audits of the financial operations of the World Bank Group, a set of multilateral development banks. This law provides that GAO report on the sufficiency of such audits of each Bank Group entity. GAO addressed (1) the extent that the external auditor was providing assurance on internal control over financial reporting, operations, and compliance with key provisions of bank charters and policies in conjunction with financial statement audits and (2) the role the Bank Group's audit committee plays in providing oversight of external financial statement audits and internal control. https://www.govinfo.gov/content/pkg/GAOREPORTS-GAO-03-366/html/GAOREPORTS-GAO-03-366.htm https://www.govinfo.gov/content/pkg/GAOREPORTS-GAO-03-366/pdf/GAOREPORTS-GAO-03-366.pdf GAO-03-366 https://www.govinfo.gov/app/details/GAOREPORTS-GAO-03-366 Other Written Product GAO-03-366; World Bank Group: Important Steps Taken on Internal Control but Additional Assessments Should Be Made; Bank management Internal controls Audit oversight Financial statement audits Public Law 106-429 Public Law 107-115