Code of Federal Regulations Title 4 - Accounts
Code of Federal Regulations (CFR) – Title 4: Accounts
Overview:
Title 4 of the Code of Federal Regulations (CFR) deals with government accounting and financial management. It is mainly concerned with the rules and responsibilities of agencies that handle public funds, especially regarding auditing, financial reporting, and the proper use of federal funds.
📘 Structure of Title 4 – Accounts
Title 4 is divided into chapters and parts. As of the most recent update, Title 4 includes the following key components:
Chapter I — Government Accountability Office (GAO)
Parts 1–99
This chapter contains regulations issued by the GAO, the primary auditing and investigative agency of Congress. The GAO’s rules are focused on:
📌 Highlights:
Part 1 — GAO Personnel System
Covers employment policies, merit systems, and employee protections for GAO employees.
Part 21 — Bid Protest Regulations
Governs how contractors can file protests against the awarding of federal contracts. GAO adjudicates these disputes.
Part 22 — Rules of Procedure of the Government Accountability Office Contract Appeals Board (GAOCAB)
Lays out procedures for appealing decisions regarding federal contracts.
Part 28 — GAO Personnel Appeals Board
Establishes rights and processes for employees to appeal personnel actions at GAO.
🔍 Key Functions of CFR Title 4:
Ensures transparency and accountability in the use of public funds.
Provides a legal framework for how financial records are maintained.
Establishes rules for auditing and oversight by GAO.
Outlines dispute resolution procedures for contract awards.
🏛️ Authority:
These regulations are authorized under statutes such as the Budget and Accounting Act, GAO Act of 1980, and other federal procurement and employment laws.
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