2.1.2: Budget

Monitor and review the Bureau's budgeted and actual use of funds and will assess the adequacy of associated internal controls.

Other Information:

Budget formulation and execution. As mandated by the Dodd-Frank Act, the Bureau receives its funding, to a certain limit, from the Board. Until the designated transfer date, the Treasury is responsible for budgeting, tracking, and accounting for all monies disbursed by the Board to the Bureau. The OIG will monitor and review the Bureau's budgeted and actual use of funds and will assess the adequacy of associated internal controls.

Stakeholder(s):

• Bureau of Consumer Financial Protection

Indicator(s):

Indicator:1

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