Accountabihty of Tax Dollars Act of 2002

'The Accountability of Tax Dollars Act of 2002' amends title 31 of the United States Code to expand the types of federal agencies required to prepare audited financial statements. The act requires each covered executive agency to submit an annual audited financial statement, unless exempted by the Director of the Office of Management and Budget due to low budget authority or lack of risk associated with operations. Waiver authority is also granted for certain agencies.