Financial Audit:

Office of Financial Stability (Troubled Asset Relief Program) Fiscal Years 2012 and 2011 Financial Statements

GAO-13-126R: Published: Nov 9, 2012. Publicly Released: Nov 9, 2012.

Additional Materials:

Contact:

Gary T. Engel
(202) 512-3406
engelg@gao.gov

 

Office of Public Affairs
(202) 512-4800
youngc1@gao.gov

What GAO Found

GAO found (1) the financial statements are presented fairly, in all material respects, in conformity with U.S. generally accepted accounting principles; (2) the Office of Financial Stability (OFS) maintained, in all material respects, effective internal control over financial reporting as of September 30, 2012; and (3) no reportable noncompliance in fiscal year 2012 with provisions of laws and regulations GAO tested.

Why GAO Did This Study

The Emergency Economic Stabilization Act of 2008 (EESA) that authorized the Troubled Asset Relief Program (TARP) on October 3, 2008, requires that TARP, which is implemented by OFS, annually prepare and submit to Congress and the public audited fiscal year financial statements. EESA further requires that GAO audit TARP’s financial statements annually.

For more information, contact Gary T. Engel, at (202) 512-3406 or engelg@gao.gov.

May 15, 2015

May 1, 2015

Apr 30, 2015

Mar 27, 2015

Mar 16, 2015

Feb 27, 2015

Feb 26, 2015

Feb 12, 2015

Dec 23, 2014

Dec 9, 2014

Looking for more? Browse all our products here