2 U.S.C. § 807 — Audits

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, 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. (Pub. L. 96–114, title I, § 107, formerly § 8, Nov. 16, 1979, 93 Stat. 855; Pub. L. 99–161, § 4(g), Nov. 25, 1985, 99 Stat. 935; Pub. L. 100–674, § 2(e), Nov. 17, 1988, 102 Stat. 3998; Pub. L. 101–525, § 8, Nov. 6, 1990, 104 Stat. 2308; renumbered title I, § 107, Pub. L. 106–533, § 1(b)(1), (2), Nov. 22, 2000, 114 Stat. 2553; Pub. L. 113–188, title IX, § 902(c)(1), Nov. 26, 2014, 128 Stat. 2021.) Editorial Notes AMENDMENTS 2014—Pub. L. 113–188 amended section generally. Prior to amendment, section related to annual audits and re- ports by the Comptroller General. 1990—Subsec. (a). Pub. L. 101–525, § 8(1), substituted ‘‘section 806(i) of this title’’ for ‘‘section 806(h) of this title’’ and ‘‘annually’’ for ‘‘at least biennially’’. Subsec. (b). Pub. L. 101–525, § 8(2), added subsec. (b) and struck out former subsec. (b) which required audit to assess adequacy of fiscal control and funds account- ability procedures and propriety of expenses. Subsecs. (c), (d). Pub. L. 101–525, § 8(2), struck out sub- sec. (c) which required the Comptroller General to in- clude in report on first audit performed after Nov. 25, 1985, an evaluation of programs and activities under this chapter and specified contents of such evaluation, and subsec. (d) which directed that report on first audit performed after Nov. 25, 1985, was to be submitted on or before May 15, 1988. 1988—Subsec. (a). Pub. L. 100–674 substituted ‘‘section 806(h)’’ for ‘‘section 806(g)’’. 1985—Pub. L. 99–161, § 4(g)(1), inserted ‘‘and evalua- tion’’ after ‘‘Audits’’ in section catchline. Subsec. (a). Pub. L. 99–161, § 4(g)(2)–(4), designated ex- isting provisions as subsec. (a), substituted ‘‘shall be audited at least biennially’’ for ‘‘may be audited’’, and struck out ‘‘at such times as the Comptroller General may determine to be appropriate’’ after ‘‘referred to as the ‘Comptroller General’)’’. Subsecs. (b) to (d). Pub. L. 99–161, § 4(g)(5), added sub- secs. (b) to (d). Statutory Notes and Related Subsidiaries EFFECTIVE DATE OF 2014 AMENDMENT Amendment by Pub. L. 113–188 effective Oct. 1, 2014, see section 902(c)(3) of Pub. L. 113–188, set out as a note under section 804 of this title. § 808. Termination The Board shall terminate October 1, 2023. (Pub. L. 96–114, title I, § 108, formerly § 9, Nov. 16, 1979, 93 Stat. 855; Pub. L. 99–161, § 3, Nov. 25, 1985, 99 Stat. 934; Pub. L. 100–674, § 2(d), Nov. 17, 1988, 102 Stat. 3997; Pub. L. 101–525, § 2(a), Nov. 6, 1990, 104 Stat. 2305; Pub. L. 102–457, § 3, Oct. 23, 1992, 106 Stat. 2266; Pub. L. 104–208, div. A, title V, § 5401(b), Sept. 30, 1996, 110 Stat. 3009–511; Pub. L. 106–63, § 1(d), Oct. 1, 1999, 113 Stat. 510; renum- bered title I, § 108, Pub. L. 106–533, § 1(b)(1), (2), Nov. 22, 2000, 114 Stat. 2553; Pub. L. 109–143, § 1(b)(1), Dec. 22, 2005, 119 Stat. 2659; Pub. L. 111–200, § 2(h)(1), July 7, 2010, 124 Stat. 1370; Pub. L. 113–43, § 2, Oct. 4, 2013, 127 Stat. 554; Pub. L. 115–268, § 2(a), Oct. 11, 2018, 132 Stat. 3762.) Editorial Notes AMENDMENTS 2018—Pub. L. 115–268 substituted ‘‘October 1, 2023’’ for ‘‘October 1, 2018’’. 2013—Pub. L. 113–43 substituted ‘‘October 1, 2018’’ for ‘‘October 1, 2013’’. 2010—Pub. L. 111–200 substituted ‘‘October 1, 2013’’ for ‘‘October 1, 2009’’. 2005—Pub. L. 109–143 substituted ‘‘October 1, 2009’’ for ‘‘October 1, 2004’’. 1999—Pub. L. 106–63 substituted ‘‘October 1, 2004’’ for ‘‘October 1, 1999’’. 1996—Pub. L. 104–208 substituted ‘‘1999’’ for ‘‘1995’’. 1992—Pub. L. 102–457 substituted ‘‘1995’’ for ‘‘1992’’. 1990—Pub. L. 101–525 amended section generally, sub- stituting present provision for provisions which had: in subsec. (a) directed that the Board terminate on Nov. 15, 1989; in subsec. (b) provided for alternative termi- nation dates; in subsec. (c) required reports to Con- gress; in subsecs. (d) and (e) required certification of compliance and verification of information, respec- tively; and in subsec. (f) mandated dissolution of cor- porations established by the Board prior to its termi- nation. 1988—Pub. L. 100–674 amended section generally. Prior to amendment, section read as follows: ‘‘The Board shall terminate on November 16, 1988. Upon termi- nation of the Board, the Board shall take such actions