
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 23, 2000]
[Document not affected by Public Laws enacted between
  January 23, 2000 and December 4, 2001]
[CITE: 39USC2008]

 
                        TITLE 39--POSTAL SERVICE
 
            PART III--MODERNIZATION AND FISCAL ADMINISTRATION
 
                           CHAPTER 20--FINANCE
 
Sec. 2008. Audit and expenditures

    (a) The accounts and operations of the Postal Service shall be 
audited by the Comptroller General and reports thereon made to the 
Congress to the extent and at such times as he may determine.
    (b) The Postal Service shall maintain an adequate internal audit of 
the financial transactions of the Postal Service.
    (c) Subject only to the provisions of this chapter, the Postal 
Service is authorized to make such expenditures and to enter into such 
contracts, agreements, and arrangements, upon such terms and conditions 
and in such manner as it deems necessary, including the final settlement 
of all claims and litigation by or against the Postal Service.
    (d) Nothing in this section shall be construed as denying to the 
Postal Service the power to obtain audits of the accounts of the Postal 
Service and reports concerning its financial condition and operations by 
certified public accounting firms. Such audits and reports shall be in 
addition to those required by this section.
    (e) At least once each year beginning with the fiscal year 
commencing after June 30, 1971, the Postal Service shall obtain a 
certification from an independent, certified public accounting firm of 
the accuracy of any financial statements of the Postal Service used in 
determining and establishing postal rates.

(Pub. L. 91-375, Aug. 12, 1970, 84 Stat. 741.)
