12 U.S.C. § 5496a

Current through P.L. 118-47 (published on www.congress.gov on 03/23/2024)

Section 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.

12 U.S.C. § 5496a

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.

Bureau

The term "Bureau" means the Bureau of Consumer Financial Protection.