§ 3723. Audits
935 words·~4 min read·
/usc/title-22/section-3723A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)Financial transactions of Commission; access to books, accounts, etc. Notwithstanding any other provision of law, and subject to subsection (c), financial transactions of the Commission shall be audited by the Comptroller General of the United States (hereinafter in this chapter referred to as the “Comptroller General”). In conducting any such audit, the appropriate representatives of the Comptroller General shall have access to all books, accounts, financial records, reports, files, and other papers, items, or property in use by the Commission and necessary to facilitate such audit, and such representatives shall be afforded full facilities for verifying transactions with the balances or securities held by depositories, fiscal agents, and custodians. Any such audit shall first be conducted with respect to the fiscal year in which this chapter becomes effective. An audit performed under this section is subject to the requirements of paragraphs (2), (3), and
(5)of section 9105(a) of title 31.
(b)Omitted
(c)Independent auditors At the discretion of the Board provided for in section 3612 of this title, the Commission may hire independent auditors to perform, in lieu of the Comptroller General, the audit and reporting functions prescribed in subsections
(a)and (b).
(d)Examination and report on Commission’s financial forecast In addition to auditing the financial statements of the Commission, the Comptroller General (or the independent auditor if one is employed pursuant to subsection (c)) shall, in accordance with standards for an examination of a financial forecast established by the American Institute of Certified Public Accountants, examine and report on the Commission’s financial forecast that it will be in a position to meet its financial liabilities on December 31, 1999.
(Pub. L. 96–70, title I, § 1313, Sept. 27, 1979, 93 Stat. 479; Pub. L. 104–106, div. C, title XXXV, § 3526(a), Feb. 10, 1996, 110 Stat. 640; Pub. L. 104–201, div. C, title XXXV, §§ 3541(b), 3546(a)(9), (b), Sept. 23, 1996, 110 Stat. 2867, 2868; Pub. L. 105–261, div. C, title XXXV, § 3512(a)(3), Oct. 17, 1998, 112 Stat. 2271.)
Connections7 cite this · traces to 5
Cited by 7 sections · top 6
statutes-at-large
- Public Law 104–106To authorize appropriations for fiscal year 1996 for military activities of the Department of Defense, for military construction, and for defense activities of the Department of Energy, to prescribe personnel strengths for such fiscal year for the Armed Forces, to reform acquisition laws and informa
- Public Law 104–201To authorize appropriations for fiscal year 1997 for military activities of the Department of Defense, for military construction, and for defense activities of the Department of Energy, to prescribe personnel strengths for such fiscal year for the Armed Forces, and for other purposes
- Public Law 96–400Making appropriations for the Department of Transportation and related agencies for the fiscal year ending September 30, 1981, and for other purposes
- Public Law 96–70To provide for the operation and maintenance of the Panama Canal under the Panama Canal Treaty of 1977, and for other purposes
- Public Law 105–261To authorize appropriations for fiscal year 1999 for military activities of the Department of Defense, for military construction, and for defense activities of the Department of Energy, to prescribe personnel strengths for such fiscal year for the Armed Forces, and for other purposes
statute-compilations
21 references not yet in our index
- Pub. L. 96–70, title I, § 1313
- 93 Stat. 479
- Pub. L. 104–106, div. C, title XXXV, § 3526(a)
- 110 Stat. 640
- Pub. L. 104–201, div. C, title XXXV
- 110 Stat. 2867
- Pub. L. 105–261, div. C, title XXXV, § 3512(a)(3)
- 112 Stat. 2271
- Pub. L. 96–70
- 93 Stat. 452
- section 3003 of Pub. L. 104–66
- Pub. L. 105–261
- Pub. L. 104–106, § 3526(a)(1)
- Pub. L. 104–201, § 3541(b)
- 31 U.S.C. 65
- Pub. L. 104–106, § 3526(a)(2)(B)
- Pub. L. 104–106, § 3526(a)(2)
- Pub. L. 104–106, § 3526(a)(3)
- Pub. L. 104–201, § 3546(b)
- Pub. L. 104–201, § 3546(a)(9)
- Pub. L. 104–106, § 3526(a)(4)
Citation graph
cites case law
§ 3723
Audits
Stat.×6
Stat. Comp.×1
Pub. L.Pub. L. 96–70, title I, § 1313
Stat.93 Stat. 479
Pub. L.Pub. L. 104–106, div. C, title XXXV, § 3526(a)
Stat.110 Stat. 640
Pub. L.Pub. L. 104–201, div. C, title XXXV
Cites 26 · showing 10Cited by 7 across 2 sources