Page:United States Statutes at Large Volume 114 Part 3.djvu/789

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PUBLIC LAW 106-424 —NOV. 1, 2000 114 STAT. 1887 "(h) CHIEF FINANCIAL OFFICER. —The Chairman shall designate an officer or employee of the Board as the Chief Financial Officer. The Chief Financial Officer shall— "(1) report directly to the Chairman on financial management and budget execution; "(2) direct, manage, and provide policy guidance and oversight on financial management and property and inventory control; and "(3) review the fees, rents, and other charges imposed by the Board for services and things of value it provides, and suggest appropriate revisions to those charges to reflect costs incurred by the Board in providing those services and things of value.". SEC. 11. IMPROVED AUDIT PROCEDURES. 49 USC 1111 The National Transportation Safety Board, in consultation with the Inspector General of the Department of Transportation, shall develop and implement comprehensive internal audit controls for its financial programs based on the findings and recommendations of the private sector audit firm contract entered into by the Board in March, 2000. The improved internal audit controls shall, at a minimum, address Board asset management systems, including systems for accounting management, debt collection, travel, and property and inventory management and control. SEC. 12. AUTHORITY OF THE INSPECTOR GENERAL. (a) IN GENERAL. — Subchapter III of chapter 11 of subtitle II is amended by adding at the end the following: "§ 1137. Authority of the Inspector General "(a) IN GENERAL. —The Inspector General of the Department of Transportation, in accordance with the mission of the Inspector General to prevent and detect fraud and abuse, shall have authority to review only the financial management, property management, and business operations of the National Transportation Safety Board, including internal accounting and administrative control systems, to determine compliance with applicable Federal laws, rules, and regulations. "(b) DUTIES. — In carrying out this section, the Inspector General shall— "(1) keep the Chairman of the Board and Congress fully and currently informed about problems relating to administration of the internal accounting and administrative control systems of the Board; "(2) issue findings and recommendations for actions to address such problems; and "(3) report periodically to Congress on any progress made in implementing actions to address such problems. "(c) ACCESS TO INFORMATION.—In carrying out this section, the Inspector General may exercise authorities granted to the Inspector CJeneral under subsections (a) and (b) of section 6 of the Inspector General Act of 1978 (5 U.S.C. App.). " (d) REIMBURSEMENT. —The Inspector General shall be reimbursed by the Board for the costs associated with carrying out activities under this section.". (b) CONFORMING AMENDMENT. — The subchapter analysis for such subchapter is amended by adding at the end the following: "1137. Authority of the Inspector General.".