Table 8: Summary of Common Findings in Prior OIG SLA Reports

Finding: Improperly Calculated Losses
Frequency of Finding: 4 reports
Description of Finding:

Total Questioned Costs*: $45,212,999
FDIC's Share of Questioned Costs*: $36,170,399


Finding: Improperly Accrued and Claimed Interest
Frequency of Finding: 3 reports
Description of Finding:

Total Questioned Costs*: $12,309,119
FDIC's Share of Questioned Costs*: $9,847,295


Finding: Unsupported Claims
Frequency of Finding: 2 reports
Description of Finding:

Total Questioned Costs*: $10,222,577
FDIC's Share of Questioned Costs*: $8,178,062


Finding: Notification and/or Timeliness of Claims
Frequency of Finding: 5 reports
Description of Finding:

Total Questioned Costs*: N/A
FDIC's Share of Questioned Costs*: N/A


Finding: Policies and Procedures
Frequency of Finding: 5 reports
Description of Finding:

Total Questioned Costs*: N/A
FDIC's Share of Questioned Costs*: N/A

Source: OIG analysis of five previously issued SLA audit reports.
*Represents the total questioned costs and the FDIC's share of those costs for the reports where findings were identified.