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31 U.S.C. § 3513Financial reporting and accounting system

submitted 44 years ago by Pub. L. 97-258 to r/title-31-MONEY-AND-FINANCE · 190 words · no verdicts yet

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A translation hasn’t been published for this section yet. The official text below is complete and authoritative.

the actual law source: uscode.house.gov ↗public domain
(a)

The Secretary of the Treasury shall prepare reports that will inform the President, Congress, and the public on the financial operations of the United States Government. The reports shall include financial information the President requires. The head of each executive agency shall give the Secretary reports and information on the financial conditions and operations of the agency the Secretary requires to prepare the reports.

(b)

The Secretary may—

(1)

establish facilities necessary to prepare the reports; and

(2)

reorganize the accounting functions and procedures and financial reports of the Department of the Treasury to develop an effective and coordinated system of accounting and financial reporting in the Department that will integrate the accounting results for the Department and be the operating center for consolidating accounting results of other executive agencies with accounting results of the Department.

(c)

The Comptroller General shall—

(1)

cooperate with the Secretary in developing and establishing the reporting and accounting system under this section; and

(2)

approve the system when the Comptroller General considers it to be adequate and in conformity with the principles, standards, and requirements prescribed under section 3511 of this title.

Source credit: (Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 960.)

history & why it existsrecord from the source credit
  • 1982Enacted · Pub. L. 97-258 · 96 Stat. 960

A history note hasn’t been published yet. The record shows enactment by Pub. L. 97-258 on 1982-09-13.

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