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 2007-06-27 monographic deposited born digital 17 p. GA 1.13:GAO-07-942R https://www.govinfo.gov/app/details/GAOREPORTS-GAO-07-942R P0b002ee18037efcb f:d07942r DGPO 2010-08-12 2011-03-28 GAOREPORTS-GAO-07-942R machine generated eng fdlp REPORT GAOREPORTS-GAO-07-942R GAO-07-942R Financial institutions Financial records Financial statement audits Financial statements Internal controls Risk assessment Standards Federal regulations Strategic planning Data integrity Physical security Policies and procedures Correspondence A71559 In February 2007, we issued our opinions on the calendar year 2006 financial statements of the Deposit Insurance Fund (DIF) and the FSLIC Resolution Fund (FRF). We also issued our opinion on the effectiveness of the Federal Deposit Insurance Corporation's (FDIC) internal control over financial reporting (including safeguarding assets) and compliance as of December 31, 2006, and our evaluation of FDIC's compliance with significant provisions of selected laws and regulations for the two funds for the year ended December 31, 2006. The purpose of this report is to present issues identified during our audits of the 2006 financial statements regarding internal controls and accounting procedures and to recommend actions to address these issues. Although these issues were not material in relation to the financial statements, we believe they warrant management's attention. https://www.govinfo.gov/content/pkg/GAOREPORTS-GAO-07-942R/html/GAOREPORTS-GAO-07-942R.htm https://www.govinfo.gov/content/pkg/GAOREPORTS-GAO-07-942R/pdf/GAOREPORTS-GAO-07-942R.pdf GAO-07-942R https://www.govinfo.gov/app/details/GAOREPORTS-GAO-07-942R Correspondence GAO-07-942R; Management Report: Opportunities for Improvements in FDIC's Internal Controls and Accounting Procedures; Financial institutions Financial records Financial statement audits Financial statements Internal controls Risk assessment Standards Federal regulations Strategic planning Data integrity Physical security Policies and procedures