Skip to main content

Financial Audit: Resolution Trust Corporation's 1995 and 1994 Financial Statements

AIMD-96-123 Published: Jul 02, 1996. Publicly Released: Jul 02, 1996.
Jump To:
Skip to Highlights

Highlights

Pursuant to a legislative requirement, GAO audited the Resolution Trust Corporation's (RTC) financial statements for the years ended December 31, 1995 and 1994. GAO also reviewed: (1) RTC internal control weaknesses; (2) RTC mission and its completion; (3) RTC costs and funding; and (4) the cost of resolving the savings and loan crisis.

Full Report

Media Inquiries

Sarah Kaczmarek
Managing Director
Office of Public Affairs

Public Inquiries

Topics

Accounting proceduresAuditing standardsBank failuresContract administrationCorporate auditsEconomic analysisFederal corporationsFinancial statement auditsInternal controlsSavings and loan associations