United States General Accounting Office Washington, D C 20548 Comptroller General of the United States part2 potx

... version www.adultpdf.com GAO 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 Insurance Corporation ... version www.adultpdf.com Pwe 2 GAOIAFMD-92-78 Bank Ineurence Fund This is trial version www.adultpdf.com GA!0 United States General Accountin...

Ngày tải lên: 19/06/2014, 13:20

... were, in fact, recorded in LAMIS. Of these 45 files, 3 (7 percent) had not been recorded at the time of our audit. FDIC's Office of the Inspector General conducted an audit of LAMIS ... resolution could result in the need for increased funding. Future events in the thrift industry could also significantly affect the adequacy of the funding provided. Unde...

Ngày tải lên: 19/06/2014, 13:20

... the FDIC direct the heads of the Division of Accounting and Corporate Services and Division of Liquidation to l conduct, on a quarterly basis, an analysis of collection experience as a compensating ... each Fund under the FDIC’s management are allocated on the basis of the relative degree to which the expenses were Incurred by the Funds. DepreclaUon. The Wa...

Ngày tải lên: 19/06/2014, 13:20

... Februuy 21, lW2, Ddlar Dry Dock was dedared Insolvent by the state chanerlng authorlty and wbaequntfy dosed and the FDIC was appolnted receiver. The FDIC appmved the sate of the failed h#tktJlkm ... FDIC Board of Directors approved an Increase in the assessment rate to 0.230 percent (23 cents per $100 of domestlc deposits) for the second semiannual period of 1991...

Ngày tải lên: 19/06/2014, 13:20

... 31,1993. We conducted our audits pursuant to the provisions of section 17 (d) of the Federal Deposit Insurance Act., as amended (12 U.S .C. 1827 (d) ), and in accordance with generally accepted government ... government auditing standards. We are sending copies of this report to the Acting Chairman of the Board of Directors of the Federal Deposit Insurance Corporatio...

Ngày tải lên: 19/06/2014, 13:20

... should be deposited the same day. However, the servicer does not reconcile checks received each day to checks processed and deposited, nor does the servicer promptly process all checks received ... Adopted uniform procedures for processing and reconciling cash receipts at its consolidated receivership offices. Because FDIC is in the process of merging certain consolidated rece...

Ngày tải lên: 19/06/2014, 13:20

... recommend that the Acting Chairman of the Federal Deposit Insurance Corporation direct FDIC’S division and office heads to enforce the revised policies and procedures in FDIC’S Time and Attendance ... Services and Division of Finance to verify and document the accuracy and completeness of the balances and activity reported to FLHC by contracted asset servicers back to...

Ngày tải lên: 19/06/2014, 13:20

... subject to uncertainties because of changing economic conditions. These factors could reduce the claimants’ actual recoveries upon the sale of these assets from the level of recoveries currently ... represents the difference between amounts advanced and the expected repayment, based upon the estimated cash recoveries from the management and disposition of the asse...

Ngày tải lên: 19/06/2014, 13:20

... Statements 19. Disclosure about Recent Financial Accounting Standards Board Pronouncements The Financial Accounting Standards Board has issued Statement of Financial Accounting Standards No. 112 ... does not consider discounted future cash tlows because the FDlC cannot predict the timing of events with reasonable accuracy. For this reason, the FDIC considers the to...

Ngày tải lên: 19/06/2014, 13:20

... defining the existence of the “accountable event” that triggers loss recognition under generally accepted accounting principles. As with any of its estimated losses, the FDIC cannot predict the ... Policies General These financial statements pertain to the financial position, results of operations and cash flows of the SAIF, and are presented in accordance with g...

Ngày tải lên: 19/06/2014, 13:20