Don't show this message again
31 U.S. Code § 3351. Definitions
In this subchapter:(1)Annual financial statement.—
The term “annual financial statement” means the annual financial statement required under section 3515 of this title or similar provision of law.
(2)Compliance.—The term “compliance” means that an executive agency—
(A) has—
(i)
published improper payments information with the annual financial statement of the executive agency for the most recent fiscal year; and
(ii)
posted on the website of the executive agency that statement and any accompanying materials required under guidance of the Office of Management and Budget;
(B)
if required, has conducted a program specific risk assessment for each program or activity that conforms with the requirements under section 3352(a);
(C)
if required, publishes improper payments estimates for all programs and activities identified under section 3352(a) in the accompanying materials to the annual financial statement;
(D)
publishes programmatic corrective action plans prepared under section 3352(d) that the executive agency may have in the accompanying materials to the annual financial statement;
(E)
publishes improper payments reduction targets established under section 3352(d) that the executive agency may have in the accompanying materials to the annual financial statement for each program or activity assessed to be at risk, and has demonstrated improvements and developed a plan to meet the reduction targets; and
(F)
has reported an improper payment rate of less than 10 percent for each program and activity for which an estimate was published under section 3352(c).