15 U.S.C. § 78d–8 — Annual financial controls audit

(a) Reports of Commission. (1) Annual reports required: within 6 months after each fiscal year ends, the SEC must publish and send Congress a report that (A) describes management's responsibility for setting up and keeping an adequate internal control system for financial reporting, and (B) assesses how effective that internal control system was during that fiscal year. (2) Attestation: the SEC's Chairman and chief financial officer must both attest to these reports. (b) Report by Comptroller General. (1) Report required: within 6 months after the end of the first fiscal year after July 21, 2010, the Comptroller General must send Congress a report assessing (A) how effective the SEC's internal control system for financial reporting is, and (B) the SEC's own assessment under subsection (a)(1)(B). (2) Attestation: the Comptroller General must attest to and report on the SEC's assessment. (c) Reimbursements for cost of reports. (1) Reimbursements required: the SEC must pay the Government Accountability Office back in full for the cost of the reports under subsection (b), as billed by the Comptroller General. (2) Crediting and use of reimbursements: this money is (A) credited to the GAO's "Salaries and Expenses" account current when received, and (B) stays available until spent.