12 USC § 5496a - Annual audits

---
identifier: "/us/usc/t12/s5496a"
source: "usc"
legal_status: "official_prima_facie"
title: "12 USC § 5496a - Annual audits"
title_number: 12
title_name: "BANKS AND BANKING"
section_number: "5496a"
section_name: "Annual audits"
chapter_number: 53
chapter_name: "WALL STREET REFORM AND CONSUMER PROTECTION"
subchapter_number: "V"
subchapter_name: "BUREAU OF CONSUMER FINANCIAL PROTECTION"
part_number: "A"
part_name: "Bureau of Consumer Financial Protection"
positive_law: false
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(Pub. L. 111–203, title X, § 1016A, as added Pub. L. 112–10, div. B, title V, § 1573(a), Apr. 15, 2011, 125 Stat. 138.)"
---


# § 5496a. Annual audits

**(a)** **Annual independent audit** The Bureau shall order an annual independent audit of the operations and budget of the Bureau.

**(b)** **Annual GAO audit** The Comptroller General of the United States shall conduct an annual audit of the Bureau’s financial statements in accordance with generally accepted government accounting standards.

---

**Source Credit**: (Pub. L. 111–203, title X, § 1016A, as added Pub. L. 112–10, div. B, title V, § 1573(a), Apr. 15, 2011, 125 Stat. 138.)

## Statutory Notes and Related Subsidiaries

### Initial Audits

, , , provided that the initial audits under this section were to be completed not later than the end of the 180-day period beginning on .