The legislation also address requiring audits of 3% of precincts in all federal elections.

This may require periodic audits of the use of state funds within the private universities.

They require outside audits of the Legislature and broad financial disclosures.

And, he said, it is likely to accept the size categories proposed by the small-business advisory committee, even while requiring audits of all companies.

The provision, Section 404, requires audits of the financial controls of publicly traded companies.

Many federal programs, like those that provide Medicaid services or help the government allocate arts grants, require additional audits.

It requires regular audits by the certification body, and if any discrepancy is found, the certification shall be revoked.

Federal law requires independent audits for retirement plans that cover more than 100 employees.

Few Federal laws require such audits.

And they are putting pressure on Washington to require audits of the more than 300 Federal agencies, departments and offices.