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AFMD-84-41 1 (1984-06-14)

handle is hein.gao/gaobabeqg0001 and id is 1 raw text is: BY THE COMPTROLLER GENERAL Report To The Congress OF THE UNITED STATES Examination Of The Federal Deposit Insurance Corporation's Financial Statements For The Years Ended December 31, 1983 And 1982 GAO examined the financial statements of the Federal Deposit Insurance Corporation for the years ended December 31, 1983 and 1982 The examination was made in accordance with generally accepted gov- ernment auditing standards In GAO's opinion, the financial statements present fairly the financial position of the Corporation as of December 31, 1983 and 1982, and the results of its operations and the changes in its financial position for the years then ended, in conformity with generally accepted accounting principles applied on a consist- ent basis after restatement for the change, with which GAO concurs, in the method of accounting for as- sistance given to insured institutions under the net worth certificate program as described in note 14 to the financial statements Subsequent to year-end, the Corporation arranged emergency assistance for a large financial institution At the present time, the nature and extent of total assistance that may be required and its impact on the Deposit Insurance Fund are uncertain (See note 15 to the financial statements ) 124537 \ v~D S7P 0) a w-im' 1 7- lecOu GAO/AFMD-84-41 JUNE 14, 1984 029 2,r,,

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