Supervisory Committee Audits and Verifications, 12 CFR 715

ICR 201606-3133-002

OMB: 3133-0059

Federal Form Document

Forms and Documents
Document
Name
Status
Supplementary Document
2016-08-29
Supplementary Document
2016-08-29
Supporting Statement A
2016-08-29
ICR Details
3133-0059 201606-3133-002
Historical Active 201310-3133-015
NCUA E&I
Supervisory Committee Audits and Verifications, 12 CFR 715
Extension without change of a currently approved collection   No
Regular
Approved without change 10/20/2016
Retrieve Notice of Action (NOA) 08/29/2016
  Inventory as of this Action Requested Previously Approved
10/31/2019 36 Months From Approved 12/31/2016
20,600 0 19,988
38,693 0 30,295
0 0 0

The rule specifies the minimum annual audit a credit union is required to obtain according to its charter type and asset size, the licensing authority required of persons performing certain audits, the auditing principles that apply to certain audits, and the accounting principles that must be followed in reports filed with the NCUA Board.

US Code: 12 USC 1761(d) Name of Law: Supervisory committee; powers and duties; supervisory members; passbook
  
None

Not associated with rulemaking

  81 FR 38737 06/14/2016
81 FR 59247 08/29/2016
No

  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 20,600 19,988 0 0 612 0
Annual Time Burden (Hours) 38,693 30,295 0 0 8,398 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
Adjustments in the number of credit unions reflect a decrease from the previous submission and recordkeeping requirements associated with the membership verification under §715.8, are now included (previously omitted).

$0
No
No
No
No
No
Uncollected
Scott Neat 703 518-6363

  No

On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
 
 
 
 
 
 
 
    (i) Why the information is being collected;
    (ii) Use of information;
    (iii) Burden estimate;
    (iv) Nature of response (voluntary, required for a benefit, or mandatory);
    (v) Nature and extent of confidentiality; and
    (vi) Need to display currently valid OMB control number;
 
 
 
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
08/29/2016


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