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2 U.S.C. § 807 — Audits
Federal law — U.S. Code and appendices · legal_authorities
**(a) Contracts with independent public accountant** The Board shall enter into a contract with an independent public accountant to conduct an annual audit in accordance with generally accepted government auditing standards, of the financial records of the Board and of any corporation established under [section 806(i) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title2-section806/i&num=0&edition=prelim), and shall ensure that the independent public accountant has access for the purpose of the audit to any books, documents, papers, and records of the Board or such corporation (or any agent of the Board or such corporation) which the independent public accountant reasonably determines to be pertinent to the Congressional Award Program.
**(b) Annual report to Congress on audit results** Not later than May 15 of each calendar year, the Board shall submit to appropriate officers, committees, and subcommittees of Congress and to the Comptroller General of the United States a report on the results of the most recent audit conducted pursuant to this section, and shall include in the report information on any such additional areas as the independent public accountant who conducted the audit determines deserve or require evaluation.
**(c) Review by the Comptroller General of annual audit**
(1) The Comptroller General of the United States shall review each annual audit conducted under subsection (a).
(2) For purposes of a review under paragraph (1), the Comptroller General, or any duly authorized representative of the Comptroller General, shall have access to any books, documents, papers, and records of the Board or such corporation, or any agent of the Board or such corporation, including the independent external auditor designated under subsect
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Source location: Title 2, Chapter 19, § 807; chapter-019-congressional-award-program.md
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**(a) Contracts with independent public accountant** The Board shall enter into a contract with an independent public accountant to conduct an annual audit in accordance with generally accepted government auditing standards, of the financial records of the Board and of any corporation established under [section 806(i) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title2-section806/i&num=0&edition=prelim), and shall ensure that the independent public accountant has access for the purpose of the audit to any books, documents, papers, and records of the Board or such corporation (or any agent of the Board or such corporation) which the independent public accountant reasonably determines to be pertinent to the Congressional Award Program.
**(b) Annual report to Congress on audit results** Not later than May 15 of each calendar year, the Board shall submit to appropriate officers, committees, and subcommittees of Congress and to the Comptroller General of the United States a report on the results of the most recent audit conducted pursuant to this section, and shall include in the report information on any such additional areas as the independent public accountant who conducted the audit determines deserve or require evaluation.
**(c) Review by the Comptroller General of annual audit**
(1) The Comptroller General of the United States shall review each annual audit conducted under subsection (a).
(2) For purposes of a review under paragraph (1), the Comptroller General, or any duly authorized representative of the Comptroller General, shall have access to any books, documents, papers, and records of the Board or such corporation, or any agent of the Board or such corporation, including the independent external auditor designated under subsection (a), which, in the opinion of the Comptroller General, may be pertinent.
(3) Not later than 180 days after the date on which the Comptroller General receives a report under subsection (b), the Comptroller General shall submit to Congress a report containing the results of the review conducted under paragraph (1) with respect to the preceding year.
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Director; status; appointment and term; removal** In the administration of the Congressional Award Program, the Board shall be assisted by a Director, who shall be the principal executive of the program and who shall supervise the affairs of the Board. The Director shall be appointed by a majority vote of the Board, and shall serve for such term as the Board may determine. The Director may be removed by a majority vote of the Board.
**(b) Functions of Director** The Director shall, in consultation with the Board—
(1) formulate programs to carry out the policies of the Congressional Award Program;
(2) establish such divisions within the Congressional Award Program as may be appropriate; and
(3) employ and provide for the compensation of such personnel as may be necessary to carry out the Congressional Award Program, subject to such policies as the Board shall prescribe under its bylaws.
**(c) Requirements regarding financial operations; noncompliance with requirements**
(1) The Director shall, in consultation with the Board, ensure that appropriate policies and procedures for fiscal control and accounting are established for the financial operations of the Congressional Award Program, and that such operations are administered by personnel with expertise in accounting and financial management. Such personnel may be retained under contract. In carrying out this paragraph, the Director shall ensure that the liabilities of the Board do not in any fiscal year exceed the assets of the Board.
(2)
(A) The independent public accountant conducting the annual audit of the financial records of the Board pursuant to [section 807(a) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title2-section807/a&num=0&edition=prelim) shall determine for
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Federal law — U.S. Code and appendices · legal_authorities
Page 230
TITLE 2—THE CONGRESS
§ 807
§ 807. Audits
(a) Contracts with independent public account-
ant
The Board shall enter into a contract with an
independent public accountant to conduct an
annual audit in accordance with generally ac-
cepted government auditing standards, of the fi-
nancial records of the Board and of any corpora-
tion established under section 806(i) of this title,
and shall ensure that the independent public ac-
countant has access for the purpose of the audit
to any books, documents, papers, and records of
the Board or such corporation (or any agent of
the Board or such corporation) which the inde-
pendent public accountant reasonably deter-
mines to be pertinent to the Congressional
Award Program.
(b) Annual report to Congress on audit results
Not later than May 15 of each calendar year,
the Board shall submit to appropriate officers,
committees, and subcommittees of Congress and
to the Comptroller General of the United States
a report on the results of the most recent audit
conducted pursuant to this section, and shall in-
clude in the report information on any such ad-
ditional areas as the independent public ac-
countant who conducted the audit determines
deserve or require evaluation.
(c) Review by the Comptroller General of annual
audit
(1) The Comptroller General of the United
States shall review each annual audit conducted
under subsection (a).
(2) For purposes of a review under paragraph
(1), the Comptroller General, or any duly au-
thorized representative of the Comptroller Gen-
eral, shall have access to any books, documents,
papers, and records of the Board or such cor-
poration, or any agent of the Board or such cor-
poration, including the independent external
auditor designated under subsection (a), which,
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