Banking


  The FDIC’s board of directors, as required by the Government Performance and Results Act, released its FDIC Strategic Plan, 2008–2013. The latest release supersedes the FDIC Strategic Plan, 2005–2010, which was approved in 2005.

The plan includes the FDIC’s longterm strategic goals and objectives for carrying out its core mission to insure depositors, supervise insured institutions, and resolve the failure of insured institutions. The corporation’s major strategic goals are:

  • Protecting insured depositors from loss without recourse to taxpayer financing.
  • Keeping FDIC-insured institutions safe and sound.
  • Ensuring that consumer rights are protected and that FDIC-supervised institutions invest in their communities.
  • Ensuring that resolutions are orderly and receiverships are managed effectively.


The FDIC Strategic Plan, 2008–2013 can be downloaded at www.fdic.gov.

SPONSORED REPORT

Why cybercriminals are targeting CPAs

This free report expands on the most commonly found scams, why education and specialized IT knowledge help to lessen security vulnerabilities, and why every firm should plan carefully for how it would respond to a breach.

PODCAST

How tax reform — and Excel — are changing the CPA Exam

Mike Decker, the vice president of examinations at the AICPA, discusses changes being made to the exam as a result of tax reform — and about how Excel will now be available for use on the test.