Page:United States Statutes at Large Volume 124.djvu/2732

124 STAT. 2706 PUBLIC LAW 111–259—OCT. 7, 2010 (1) COVERED ELEMENT OF THE INTELLIGENCE COMMUNITY.— The term ‘‘covered element of the intelligence community’’ means— (A) the Central Intelligence Agency; (B) the Defense Intelligence Agency; (C) the National Geospatial-Intelligence Agency; (D) the National Reconnaissance Office; or (E) the National Security Agency. (2) INDEPENDENT AUDITOR.—The term ‘‘independent auditor’’ means an individual who— (A)(i) is a Federal, State, or local government auditor who meets the independence standards included in gen- erally accepted government auditing standards; or (ii) is a public accountant who meets such independ- ence standards; and (B) is designated as an auditor by the Director of National Intelligence or the head of a covered element of the intelligence community, as appropriate. (3) INDEPENDENT REVIEW.—The term ‘‘independent review’’ means an audit, attestation, or examination conducted by an independent auditor in accordance with generally accepted government auditing standards. (4) LONG-STANDING, CORRECTABLE MATERIAL WEAKNESS.— The term ‘‘long-standing, correctable material weakness’’ means a material weakness— (A) that was first reported in the annual financial report of a covered element of the intelligence community for a fiscal year prior to fiscal year 2007; and (B) the correction of which is not substantially dependent on a business system that was not implemented prior to the end of fiscal year 2010. (5) MATERIAL WEAKNESS.—The term ‘‘material weakness’’ has the meaning given that term under the Office of Manage- ment and Budget Circular A–123, entitled ‘‘Management’s Responsibility for Internal Control,’’ revised December 21, 2004. (6) SENIOR INTELLIGENCE MANAGEMENT OFFICIAL.—The term ‘‘senior intelligence management official’’ means an official within a covered element of the intelligence community who is— (A)(i) compensated under the Senior Intelligence Service pay scale; or (ii) the head of a covered element of the intelligence community; and (B) compensated for employment with funds appro- priated pursuant to an authorization of appropriations in this Act. (b) IDENTIFICATION OF SENIOR INTELLIGENCE MANAGEMENT OFFICIALS.— (1) REQUIREMENT TO IDENTIFY.—Not later than 30 days after the date of the enactment of this Act, the head of a covered element of the intelligence community shall designate a senior intelligence management official of such element to be responsible for correcting each long-standing, correctable material weakness of such element. (2) HEAD OF A COVERED ELEMENT OF THE INTELLIGENCE COMMUNITY.—The head of a covered element of the intelligence Deadline.