The TRUE Accountability Act mandates agencies to create internal control plans for emergency spending.
The TRUE Accountability Act requires certain agencies to develop plans for internal control in the event of an emergency or crisis. The Office of Management and Budget must issue guidance to covered agencies for developing these plans, which must be submitted within 180 days of the Act's enactment and updated every three years. The plans must assess risks of improper payments and fraud, identify risk tolerance, and include mitigation strategies and real-time payment monitoring techniques. The Director must submit these plans to Congress annually.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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