Skip navigation.
Printed on  
SIGTARP Print Friendly header.

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.
  Image link to the Quarterly Report to Congress.

Image link to the Quarterly Report.
Latest Quarterly Report

Image link to the Latest Audit Report
Latest Audit Report
January 2012 QTR Report to Congress

Reports & Audits

Under the Emergency Economic Stabilization Act of 2008, SIGTARP reports information about TARP operations and oversight activities to Congress on a quarterly basis. The Special Inspector General also testifies periodically before relevant congressional committees – click here to view recent testimony.

Additionally, to fulfill SIGTARP’s mandate to promote the economy, efficiency, and effectiveness of TARP, SIGTARP’s Audit division issues audit reports that bring greater transparency to TARP and recommend ways to improve TARP.

SIGTARP audits are designed to:

  • Ensure transparency in TARP programs to foster accountability in how funds are used and in program results
  • Examine whether Treasury managers have sufficient internal controls and procedures to manage TARP programs
  • 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

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




Quarterly Reports  Red Envelope

Audit Reports   Red Envelope

Audit Resources

Audit Engagement Memorandums

[1] - The hard copy version of this report contained typographical errors. On p. 93, the final sentence should read that FNB United must repay outstanding debt and preferred stock issued by its subsidiary bank to SunTrust Bank. In addition, on pp. 136-139, a typesetting error resulted in some incorrectly numbered endnote references. Numbering of notes has been adjusted from that point on.

[2] - The hard copy version of this report contained a typographical error. The reference to the potential funding for the Auto Warranty Commitment Program on pages 36 and 90 should read $1.1 billion.

[3] - On March 23, 2011, SIGTARP revised one paragraph of this audit report, prompted by a request from the Office of the Comptroller of the Currency. The revision did not affect the report's findings or conclusions. The specific change is referenced in footnote 11 on page 5 of the report.

[4] - Individual responses to the Survey Request used for the audit can be found under Audit Resources dated August 19, 2009.

[5] - Individual responses to the Survey Request used for the audit can be found under Audit Resources dated August 19, 2009.


Last updated: January 26, 2012
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!

Image for Hotline phone Phone: 1-(877) SIG-2009
Online SIGTARP Hotline Form

More details >>
Image for SIGTARP hot line
CONSUMER FRAUD ALERT
Beware of mortgage modification scams.

Click here for tips to avoid scams.

Image for SIGTARP hot line
EMAIL UPDATES   Red Envelope
    Receive SIGTARP news and other important information by email

Image for Email Updates
Site Policies and Notices  |   Privacy Policy  |   Freedom of Information Act  |   No FEAR Act  |   SIGTARP No FEAR Posting  |   Accessibility  |   Site Index