Annual audits — Us Code Code § 5496a
Us Code Code § 5496a — Annual audits. Reproduced from the official United States Code, with a citation summary, verification link, and related provisions.
§ 5496a. Annual audits
(a) Annual independent audit
The Bureau shall order an annual independent audit of the operations and budget of the Bureau.
(b) Annual GAO audit
The Comptroller General of the United States shall conduct an annual audit of the Bureau's financial statements in accordance with generally accepted government accounting standards.
(Pub. L. 111–203, title X, §1016A, as added Pub. L. 112–10, div. B, title V, §1573(a), Apr. 15, 2011, 125 Stat. 138.)
Statutory Notes and Related Subsidiaries
Initial Audits
Pub. L. 112–10, div. B, title V, §1573(c), Apr. 15, 2011, 125 Stat. 139, provided that the initial audits under this section were to be completed not later than the end of the 180-day period beginning on Apr. 15, 2011.
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12 U.S.C. § 5496a is part of Title 12 of the United States Code. The United States Code is the official codification of federal statutes maintained by the Office of the Law Revision Counsel of the U.S. House of Representatives. Congress amends the Code through new public laws, which are eventually incorporated into the relevant title.
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