31-U.S.C.-3523
§3523 – General Audit Authority of The Comptroller General
Pathway
Title 31 > Subtitle III > Chapter 35 > Subchapter III > Section 3523
Details
- Reference: Section 3523
- Legend: §3523 – General Audit Authority of The Comptroller General
- USCode Year: 2013
Provision Content
(a) Except as specifically provided by law, the Comptroller General shall audit the financial transactions of each agency. In deciding on auditing procedures and the extent to which records are to be inspected, the Comptroller General shall consider generally accepted auditing principles, including the effectiveness of accounting organizations and systems, internal audit and control, and related administrative practices of each agency.
(b) The Comptroller General shall audit the Architect of the Capitol at times the Comptroller General considers appropriate. Section 716 of this title applies to the Architect in conducting the audit. The Comptroller General shall report the results of the audit to Congress. Each report shall be printed as a Senate document.
(c)(1) When the Comptroller General decides an audit shall be conducted at a place at which the records of an executive agency or the Architect of the Capitol are usually kept, the Comptroller General may require the head of the agency or the Architect to keep any part of an account of an accountable official or of a record required to be submitted to the Comptroller General. The Comptroller General may require records be kept under conditions and for a period of not more than 10 years specified by the Comptroller General. However, the Comptroller General and the head of the agency or the Architect may agree on a longer period.
(2) The Comptroller General and the head of an agency in the legislative or judicial branch of the United States Government (except the Architect) may agree to apply this subsection to the agency.
(Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 962.)
| Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
| 3523(a) | 31:67(a). | Sept. 12, 1950, ch. 946, §117(a), 64 Stat. 837. |
| 3523(b) | 31:67(c). | Sept. 12, 1950, ch. 946, 64 Stat. 832, §117(c); added Aug. 20, 1964, Pub. L. 88–454, §105(a)(last par.), 78 Stat. 551. |
| 3523(c) | 31:67(b). | Sept. 12, 1950, ch. 946, §117(b), 64 Stat. 837; Aug 20, 1964, Pub. L. 88–454, §105(a)(last par.), 78 Stat. 551. |
In the section, the words Comptroller General are substituted for General Accounting Office for consistency.
In subsection (a), the words otherwise and including but not limited to the accounts of accountable officers are omitted as surplus. The words in accordance with such principles and procedures and under such rules and regulations as may be prescribed by the Comptroller General of the United States are omitted as unnecessary because of section 711 of the revised title. The words to be followed are omitted as surplus. The words to which records are to be inspected are substituted for of examination of vouchers and other documents for consistency in the revised title and with other titles of the United States Code.
In subsection (b), the first sentence is substituted for 31:67(c)(1st sentence), and the word Congress is substituted for the President of the Senate and the Speaker of the House of Representatives, for consistency and to eliminate unnecessary words.
In subsection (c), the words the head of are added for consistency.
In subsection (c)(1), the words or places, accounts and other, and contracts, vouchers, and other are omitted as surplus. The word record is substituted for documents for consistency in the revised title and with other titles of the Code. The words under existing law are omitted as surplus.
In subsection (c)(2), the words Provided, That are omitted because of the restatement. The words the accounts and records of are omitted as surplus.
Payment for Audits
Pub. L. 108–83, title I, §1401, Sept. 30, 2003, 117 Stat. 1034, as amended by Pub. L. 108–271, §8(b), July 7, 2004, 118 Stat. 814, authorized the Comptroller General, at any time during fiscal year 2004 or thereafter, to accept payment from the Securities and Exchange Commission for performance of audits of financial statements of the Commission, prior to repeal by Pub. L. 110–323, §6(b), Sept. 22, 2008, 122 Stat. 3547, effective Oct. 1, 2010.
U.S. Encyclopedia of Law Coverage
31-U.S.C.-3330 in the Legal Encyclopedia: Financial Management
In this entry about 31-U.S.C.-3330, find legal reference material, bibliographies and premiere content related to financial management in the American Encyclopedia of Law, presenting a comprehensive view of the United States financial management-specific issues, written by authorities in the field.
31-U.S.C.-3501 in the Legal Encyclopedia: Accounting
In this entry about 31-U.S.C.-3501, find legal reference material, bibliographies and premiere content related to accounting in the American Encyclopedia of Law, presenting a comprehensive view of the United States accounting-specific issues, written by authorities in the field.
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