legislation: 108-s-2688

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
108-s-2688 108 s 2688 Executive Branch Financial Accountability Reporting Act of 2004 Government Operations and Politics 2004-07-19 2004-11-16 Referred to the House Committee on Government Reform. Senate Sen. Fitzgerald, Peter [R-IL] IL R F000442 1 Executive Branch Financial Accountability Reporting Act of 2004 - Instructs the Director of the Office of Management and Budget (OMB) to list for certain congressional committees: (1) each Federal entity that receives an exemption or waiver from the statutory requirement for an annually audited financial statement; and (2) other Federal entities, including special purpose entities, that do not prepare independently audited annual financial statements. Requires the OMB report to include assessments of: (1) the capability of the listed entities to prepare annual financial statements and have them independently audited; (2) how to reduce the costs of preparing the financial statements and performing independent audits; and (3) the benefits of improved financial oversight encompassing the executive branch, including the feasibility of preparing annual financial statements and independently audited statements for certain executive branch entities. Authorizes appropriations. 2023-01-14T22:48:27Z  

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