Board Report: 2014-FMIC-B-009 June 30, 2014
Sponsoring Board divisionb | Conference population | Conference sample | ||
Number identified | Cost | Number reviewed | Cost | |
Consumer & Community Affairs | 66 | $347,836 | 10 | $237,551 |
Banking, Supervision & Regulation | 414 | $500,277 | 7 | $107,154 |
Research & Statistics | 26 | $356,525 | 3 | $160,636 |
Financial Stability Policy & Research | 3 | $1,708 | 0 | $0 |
International Finance | 11 | $81,559 | 1 | $54,981 |
Management | 51 | $321,619 | 5 | $138,271 |
Reserve Bank Operations & Payment Systems | 94 | $122,103 | 1 | $14,742 |
Office of Board Members | 59 | $131,599 | 2 | $45,614 |
Office of the Secretary | 4 | $59,201 | 1 | $20,740 |
Total | 728 | $1,922,427 | 30 | $779,689 |
Source: OIG analysis of information reported by Board divisions.
Note: We could not conduct completeness testing to confirm of the number of conferences and the corresponding costs reported by divisions because the Board does not have a central tracking mechanism for these data.
aDollar amounts are rounded. Return to text
bThe Division of Information Technology, the Legal Division, and the Division of Monetary Affairs reported that they did not conduct any conference-related activities during the scope of our audit. We also did not review our office. Return to text