United States Government Publishing Office publisher pbl distributor dst United States Government Accountability Office author aut Government Organization text government publication eng GAOREPORTS Legislative Agency Publications gao legislative 2010-08-12 U.S. Government Printing Office 2001-09-06 monographic deposited born digital 13 p. GA 1.13:GAO-01-1038R https://www.govinfo.gov/app/details/GAOREPORTS-GAO-01-1038R P0b002ee1803847e6 f:d011038r DGPO 2010-08-12 2011-03-28 GAOREPORTS-GAO-01-1038R machine generated eng fdlp REPORT GAOREPORTS-GAO-01-1038R GAO-01-1038R Agency evaluation Auditing standards Audits Bank management Inspectors general Correspondence A01750

GAO has supported the creation of independent inspector general (IG) offices in appropriate federal departments, agencies, and entities through the Inspector General Act of 1978. Under the act, the Export-Import Bank is not required to have IG offices but must report its annual audit and investigative activity to both the Office of Management and Budget and Congress. IG oversight of the Export-Import Bank could be established in several ways. First, the IG Act could be amended to establish an IG appointed either by the President or by the Export-Import Bank Chairman. Also, an already existing IG office could provide independent audits and investigations of the bank. Finally, a memorandum of understanding, which acts as a contract for outside IG services and would not require an amendment to the IG Act, could be created. In the final analysis, the placement of IGs in specific agencies is a policy decision to be decided by Congress https://www.govinfo.gov/content/pkg/GAOREPORTS-GAO-01-1038R/html/GAOREPORTS-GAO-01-1038R.htm https://www.govinfo.gov/content/pkg/GAOREPORTS-GAO-01-1038R/pdf/GAOREPORTS-GAO-01-1038R.pdf GAO-01-1038R https://www.govinfo.gov/app/details/GAOREPORTS-GAO-01-1038R Correspondence GAO-01-1038R; U.S. Export-Import Bank: Views on Inspector General Oversight; Agency evaluation Auditing standards Audits Bank management Inspectors general Title 22 Section 2199 22 U.S.C. 2199 Title 31 Chapter 91 31 U.S.C. Chapter 91 Public Law 95-452 Public Law 103-204 Public Law 104-333 Public Law 106-422