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SIG TARP header image containing the text Office of the Special Inspector General for the Troubled Asset Relief Program and the tagline Advancing Economic Stability through Transparency, Coordinated Oversight and Robust Enforcement.
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Latest Audit Report

The Special Master’s Determinations for Executive Compensation of Companies Receiving Exceptional Assistance Under TARP

AUDITS

To fulfill SIGTARP’s mandate to promote the economy, efficiency, and effectiveness of TARP programs and operations, SIGTARP’s Audit Division has identified several aspects of TARP – some internal to Treasury and some external – that will be the general focus of its work. SIGTARP issues audit reports that address various topics associated with TARP operations. These reports make recommendations for positive change to improve the economy and efficiency of the TARP.

SIGTARP’s audits generally will be designed to accomplish these objectives:

  • ensure transparency in TARP programs to the fullest reasonable extent to foster accountability in use of funds and program results
  • examine whether Treasury managers have developed sufficient internal controls and procedures to manage TARP programs and the vendors hired to assist in such management
  • ensure a fair, equitable and consistent application and review process for individuals and entities seeking relief under various TARP programs
  • test compliance with the policies, procedures, regulations, terms, and conditions that are imposed on TARP participants
  • coordinate with other relevant audit and oversight entities to maximize audit coverage while minimizing overlap and duplication efforts.

Reports noted as PDF require a special plugin. To obtain a free reader for this format, please visit the Adobe® website.


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Last updated: December 19, 2011
SURVEY RESPONSES
To view individual responses to the survey click here:

  • Use of Funds Survey Responses
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    SIGTARP HOTLINE
    If you are aware of fraud, waste, abuse, mismanagement or misrepresentations affiliated with the Troubled Asset Relief Program, please contact the SIGTARP Hotline!

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    Online SIGTARP Hotline Form

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    CONSUMER FRAUD ALERT
    Beware of mortgage modification scams.

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