Financial Audit Federal Deposit Insurance Corporations 2000 and 1999 Financial Statements

Presents the opinion of the GAO on the financial statements of the Bank Insurance Fund, the Savings Assoc. Insurance Fund, & the FSLIC Resolution Fund (FRF) for the years ended Dec. 31, 2000 & 1999. These financial statements are the responsibility of the Federal Deposit Insurance Corp. (FDIC), the administrator of the 3 funds. This report also presents (1) GAO's opinion on the effectiveness of FDIC's internal control as of Dec. 31, 2000, & (2) GAO's evaluation of FDIC's compliance with laws & regulations during 2000. In addition, it discusses a reportable weakness in information system general controls detected during GAO 2000 audits, & the future activities of FRF.Franzel, Jeanette M. is the author of 'Financial Audit Federal Deposit Insurance Corporations 2000 and 1999 Financial Statements' with ISBN 9780756715472 and ISBN 0756715474.