Annual Audit and Reporting Requirements: Proposed Amendments to Part 363

Details

• Publisher's site:
  https://www.fdic.gov
• Corporate Authors:
  Federal Deposit Insurance Corporation (FDIC)
• Description:
  The FDIC is requesting comments on the attached proposed amendments to Part 363 of its regulations, which sets forth annual independent audit and reporting requirements for insured institutions with $500 million or more in total assets. The FDIC is proposing to amend Part 363 in light of changes in the industry; certain sound audit, reporting, and audit committee practices incorporated in the Sarbanes-Oxley Act of 2002; and the FDIC's experience in administering Part 363. The amendments are also intended to provide clearer and more complete guidance for compliance. Comments are due by January 31, 2008
• Subject:
  Accounting, Auditing, and Securities Disclosure
• Dataset Download URL:
  https://www.fdic.gov/news/inactive-financial-institution-letters/2007/fil07096.pdf
• Format:
  PDF
• Release Date:
  11/02/2007
• Update Date:
  10/02/2008
• Withdrawn Date:
  Not Available
• Agencies Involved:
  Federal Deposit Insurance Corporation (FDIC)
• Fdic Employee Involved:
  Harrison Greene
• Law Involved:
  Sarbanes-Oxley Act of 2002
• Related Regulation:
  12 CFR Part 308 ; 12 CFR Part 363
• Comment Period End Date:
  01/31/2008
• Source:
  FDIC Website
• Memorandum To:
  Selected FDIC-insured institutions
• FIL Number:
  FIL-96-2007
• Main Document Checksum:
  urn:sha256:0da2b3c9921be814cbb28dd27d4d0f7c9808517124c48b0dc4835bcc406a5bc3
• Download URL:
  https://archive.fdic.gov/view/fdic/7420/fdic_7420_DS1.pdf
• File Type:
  [PDF - 34.69 KB ]