Examination of Financial Statements of the Export-Import Bank of the United States for the Fiscal Year Ended June 30, 1976

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Publisher : Createspace Independent Publishing Platform
ISBN 13 : 9781721590278
Total Pages : 40 pages
Book Rating : 4.5/5 (92 download)

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Book Synopsis Examination of Financial Statements of the Export-Import Bank of the United States for the Fiscal Year Ended June 30, 1976 by : United States Accounting Office (GAO)

Download or read book Examination of Financial Statements of the Export-Import Bank of the United States for the Fiscal Year Ended June 30, 1976 written by United States Accounting Office (GAO) and published by Createspace Independent Publishing Platform. This book was released on 2018-06-19 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examination of Financial Statements of the Export-Import Bank of the United States for the Fiscal Year Ended June 30, 1976

Examination of Financial Statements of the Export-Import Bank of the United States for the Fiscal Year Ended June 30, 1976

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ISBN 13 :
Total Pages : 32 pages
Book Rating : 4.:/5 (88 download)

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Book Synopsis Examination of Financial Statements of the Export-Import Bank of the United States for the Fiscal Year Ended June 30, 1976 by : United States. General Accounting Office

Download or read book Examination of Financial Statements of the Export-Import Bank of the United States for the Fiscal Year Ended June 30, 1976 written by United States. General Accounting Office and published by . This book was released on 1977 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Examination of Financial Statements of the Export-Import Bank of the United States for the Fiscal Year Ended June 30, 1976

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ISBN 13 :
Total Pages : 44 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Examination of Financial Statements of the Export-Import Bank of the United States for the Fiscal Year Ended June 30, 1976 by : United States. General Accounting Office

Download or read book Examination of Financial Statements of the Export-Import Bank of the United States for the Fiscal Year Ended June 30, 1976 written by United States. General Accounting Office and published by . This book was released on 1977 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Examination of Financial Statements of the Export-Import Bank of the United States for Fiscal Year Ended September 30, 1977

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ISBN 13 :
Total Pages : 12 pages
Book Rating : 4.:/5 (64 download)

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Book Synopsis Examination of Financial Statements of the Export-Import Bank of the United States for Fiscal Year Ended September 30, 1977 by : United States. General Accounting Office

Download or read book Examination of Financial Statements of the Export-Import Bank of the United States for Fiscal Year Ended September 30, 1977 written by United States. General Accounting Office and published by . This book was released on 1978 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt: The statement of financial condition of the Export-Import Bank of the United States (Eximbank) as of September 30, 1977, and the statements of income and analysis of reserve for contingencies and defaults and changes in financial position for the year then ended and for the 3-month period ending September 30, 1976, were examined. The examination was conducted in accordance with generally accepted auditing standards and included such tests of the accounting records and other auditing procedures as considered necessary. Eximbank normally deducts payments on guaranty and insurance claims when computing net income. This practice was modified in 1977 when unusually large guaranty payments were required on defaulted commercial loans to Zaire. Eximbank necessarily states its net income before providing for losses, but it retains accumulated net income after dividends as a reserve for such losses. The reserve is increasing while the total amount at risk is decreasing. However, the amount at risk on delinquent and rescheduled loans, including commercial loans purchased and subject to purchase under guarantee contracts in Zaire, has been increasing. Except for the amount reserved for contingencies and defaults, the statements present fairly the financial position of the Eximbank at September 30, 1977, and June 30, 1976, and results of operations and changes in financial position in conformity with generally accepted accounting principles applied on a consistent basis.

International Affairs

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Publisher : BiblioGov
ISBN 13 : 9781289242237
Total Pages : 24 pages
Book Rating : 4.2/5 (422 download)

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Book Synopsis International Affairs by : U S Government Accountability Office (G

Download or read book International Affairs written by U S Government Accountability Office (G and published by BiblioGov. This book was released on 2013-07 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: GAO examined the statement of the financial condition of the Export-Import Bank of the United States as of September 30, 1983, the related statement of income and reserve for contingencies and defaults, and the statement of changes in financial position for the year then ended in accordance with generally accepted Government auditing standards. GAO found that the Bank's assets include a significant amount of loans which are in arrears, under reschedulings, or outstanding to countries which are experiencing financial difficulties. The Bank reported a net loss in its fiscal year 1983 financial statements of $247 million. These financial statements do not include any deduction from revenues or assets for estimated losses that are likely to be sustained due to the uncollectibility of the loans the Bank has made, nor has the Bank developed an estimate of an allowance for potential loan losses. In the opinion of GAO, such an allowance should be deducted from revenues and assets to conform with generally accepted accounting principles. If such an allowance had been deducted, total assets and accumulated income would have been decreased by $1 to $1.5 billion. Because the Bank failed to deduct an allowance for loan losses from revenues and assets, the accompanying financial statements did not present fairly the financial position of the Bank as of September 30, 1983, or the results of its operations and changes in its financial position for the year then ended in conformity with generally accepted accounting principles.

Examination of Financial Statements of the Export-Import Bank of the United States for Fiscal Year Ended September 30, 1977

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ISBN 13 :
Total Pages : 20 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Examination of Financial Statements of the Export-Import Bank of the United States for Fiscal Year Ended September 30, 1977 by : United States. General Accounting Office

Download or read book Examination of Financial Statements of the Export-Import Bank of the United States for Fiscal Year Ended September 30, 1977 written by United States. General Accounting Office and published by . This book was released on 1978 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Examination of Financial Statements of the Export-Import Bank of the United States

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Publisher :
ISBN 13 :
Total Pages : 20 pages
Book Rating : 4.:/5 (31 download)

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Book Synopsis Examination of Financial Statements of the Export-Import Bank of the United States by : United States. General Accounting Office

Download or read book Examination of Financial Statements of the Export-Import Bank of the United States written by United States. General Accounting Office and published by . This book was released on 1976 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Examination of the Financial Statements of the Export-Import Bank of the United States for the Fiscal Year Ended September 30, 1983

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Publisher : Createspace Independent Publishing Platform
ISBN 13 : 9781721503636
Total Pages : 34 pages
Book Rating : 4.5/5 (36 download)

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Book Synopsis Examination of the Financial Statements of the Export-Import Bank of the United States for the Fiscal Year Ended September 30, 1983 by : United States Accounting Office (GAO)

Download or read book Examination of the Financial Statements of the Export-Import Bank of the United States for the Fiscal Year Ended September 30, 1983 written by United States Accounting Office (GAO) and published by Createspace Independent Publishing Platform. This book was released on 2018-06-18 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examination of the Financial Statements of the Export-Import Bank of the United States for the Fiscal Year Ended September 30, 1983

Examination of Financial Statements of the Export-Import Bank of the United States for Fiscal Year Ended September 30, 1978

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ISBN 13 :
Total Pages : 9 pages
Book Rating : 4.:/5 (887 download)

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Book Synopsis Examination of Financial Statements of the Export-Import Bank of the United States for Fiscal Year Ended September 30, 1978 by : United States. General Accounting Office

Download or read book Examination of Financial Statements of the Export-Import Bank of the United States for Fiscal Year Ended September 30, 1978 written by United States. General Accounting Office and published by . This book was released on 1979 with total page 9 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Report to Congress: Audit of the Export-Import Bank of the United States Fiscal Year 1968

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ISBN 13 :
Total Pages : 68 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Report to Congress: Audit of the Export-Import Bank of the United States Fiscal Year 1968 by : United States. General Accounting Office

Download or read book Report to Congress: Audit of the Export-Import Bank of the United States Fiscal Year 1968 written by United States. General Accounting Office and published by . This book was released on 1973 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Examination of the Bureau of Engraving and Printing Fund's Financial Statements for the 15 Months Ended September 30, 1976, and for Fiscal Year 1977

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ISBN 13 :
Total Pages : 32 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Examination of the Bureau of Engraving and Printing Fund's Financial Statements for the 15 Months Ended September 30, 1976, and for Fiscal Year 1977 by : United States. General Accounting Office

Download or read book Examination of the Bureau of Engraving and Printing Fund's Financial Statements for the 15 Months Ended September 30, 1976, and for Fiscal Year 1977 written by United States. General Accounting Office and published by . This book was released on 1978 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Audit of the Export-Import Bank of the United States, Fiscal Year ...

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ISBN 13 :
Total Pages : 72 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Audit of the Export-Import Bank of the United States, Fiscal Year ... by : United States. General Accounting Office

Download or read book Audit of the Export-Import Bank of the United States, Fiscal Year ... written by United States. General Accounting Office and published by . This book was released on 1968 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Fiscal Year-end Report - Export-Import Bank of the United States

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ISBN 13 :
Total Pages : 724 pages
Book Rating : 4.3/5 (243 download)

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Book Synopsis Fiscal Year-end Report - Export-Import Bank of the United States by : Export-Import Bank of the United States

Download or read book Fiscal Year-end Report - Export-Import Bank of the United States written by Export-Import Bank of the United States and published by . This book was released on 1945 with total page 724 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Examination of Financial Statements of the Overseas Private Investment Corporation for Fiscal Year Ended September 30, 1977, and Transition Quarter Ended September 30, 1976

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ISBN 13 :
Total Pages : 28 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Examination of Financial Statements of the Overseas Private Investment Corporation for Fiscal Year Ended September 30, 1977, and Transition Quarter Ended September 30, 1976 by : United States. General Accounting Office

Download or read book Examination of Financial Statements of the Overseas Private Investment Corporation for Fiscal Year Ended September 30, 1977, and Transition Quarter Ended September 30, 1976 written by United States. General Accounting Office and published by . This book was released on 1978 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Examination of Financial Statements of the Export-Import Bank of the United States for the Fiscal Year Ended September 30, 1979

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ISBN 13 :
Total Pages : 9 pages
Book Rating : 4.:/5 (212 download)

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Book Synopsis Examination of Financial Statements of the Export-Import Bank of the United States for the Fiscal Year Ended September 30, 1979 by :

Download or read book Examination of Financial Statements of the Export-Import Bank of the United States for the Fiscal Year Ended September 30, 1979 written by and published by . This book was released on 1980 with total page 9 pages. Available in PDF, EPUB and Kindle. Book excerpt: The statement of the financial condition of the Export-Import Bank of the United States as of September 30, 1979, was examined along with the statements of income and analysis of reserve for contingencies and defaults, and changes in financial position for the year then ended. The Bank has a policy of purchasing defaulted commercial loans and payments made under the Exporter Credit and Insurance Program for guaranteed and insured loans rescheduled under countrywide debt consolidation. In 1979, loans of the governments of Peru and Togo were purchased, as well as additional loans of the governments of Zaire and Turkey. Although the reserve increased for 1979, the risk of incurring possible future losses increased to a larger extent. This was due to increases in loan purchases and outstanding purchase agreements and principal and interest delinquencies. In December 1979, the Bank accelerated certain loans which had been made to, or guaranteed by, the government of Iran. The effect of developments in that country on the Bank's exposure is not determinable at this time. As a result, GAO was unable to express an opinion on the adequacy of the reserve. Except for the amount reserved for contingencies and defaults, the accompanying financial statements presented fairly the financial position of the Export-Import Bank and the results of its operations and changes in its financial position in conformity with generally accepted accounting principles applied on a consistent basis.

Report on Audit of Export-Import Bank of Washington

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ISBN 13 :
Total Pages : 76 pages
Book Rating : 4.A/5 ( download)

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Book Synopsis Report on Audit of Export-Import Bank of Washington by : United States. General Accounting Office

Download or read book Report on Audit of Export-Import Bank of Washington written by United States. General Accounting Office and published by . This book was released on 1947 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Annual Report - Export-Import Bank of the United States

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ISBN 13 :
Total Pages : 46 pages
Book Rating : 4.3/5 (243 download)

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Book Synopsis Annual Report - Export-Import Bank of the United States by : Export-Import Bank of the United States

Download or read book Annual Report - Export-Import Bank of the United States written by Export-Import Bank of the United States and published by . This book was released on 1985 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: