Internal Control

Learn the benefits of developing an Enterprise Risk Management (ERM) program and how to monitor internal controls continuously to adapt to the evolving nature of your environment. You will explore the…

Learn the benefits of developing an Enterprise Risk Management (ERM) program and how to monitor internal controls continuously to adapt to the evolving nature of your environment. You will explore the valuable role of fraud risk frameworks in arming yourself and your organization against fraud. Through a combination of thought-provoking discussions and relevant examples, you will develop a better understanding of these components and how they apply to your functions and operations.

Sharpen your ability to assess risks and implement effective internal controls to address those risks. Gain an understanding of what is needed to support an organization’s compliance with relevant…

Sharpen your ability to assess risks and implement effective internal controls to address those risks. Gain an understanding of what is needed to support an organization’s compliance with relevant laws and regulations, such as the Federal Managers’ Financial Integrity Act, the Government Accountability Office (GAO) Standards for Internal Control in the Federal Government, and the Office of Management and Budget (OMB) Circular A-123.

Understand the relationship between internal control and Enterprise Risk Management (ERM) to address agency risks by conveying their impact across a strategically aligned portfolio. This leads to the…

Understand the relationship between internal control and Enterprise Risk Management (ERM) to address agency risks by conveying their impact across a strategically aligned portfolio. This leads to the accurate prioritization of challenges to support effective use of resources and the achievement of the mission. This course will enable you to adhere to the ERM requirements outlined in OMB Circular A-123.

Get an overview of internal controls to help your organization effectively control financial resources, meet legal and regulatory obligations, and minimize the risk of fraud, waste, and abuse. This…

Get an overview of internal controls to help your organization effectively control financial resources, meet legal and regulatory obligations, and minimize the risk of fraud, waste, and abuse. This course features facilitated discussion-based learning that will enable you to gain a baseline understanding of compliance with relevant laws and regulations. You will examine the Federal Managers’ Financial Integrity Act (Integrity Act), GAO Standards for Internal Control in the Federal Government, and OMB Circular A-123 to gain an understanding of how these laws apply to your internal controls-related work.

Untangle the complexities required to continuously assess and report on the status of internal control—an integral part of management—to comply with laws and regulations. Your knowledge of internal…

Untangle the complexities required to continuously assess and report on the status of internal control—an integral part of management—to comply with laws and regulations. Your knowledge of internal control will help you design programs and processes to accomplish your organization's mission. You will examine the Federal Managers Financial Integrity Act, GAO Standards of Internal Control, and OMB Circular A-123 to develop a strong knowledge base.

Explore how effective internal control is the first line of defense against waste, fraud, abuse, and mismanagement of federal funds. Complying with regulations that ensure reliability and…

Explore how effective internal control is the first line of defense against waste, fraud, abuse, and mismanagement of federal funds. Complying with regulations that ensure reliability and accountability of financial information is not only critical to the success of an organization or agency but is also mandated by law. You will learn to implement and evaluate an internal control program by examining roles and responsibilities, practicing how to conduct risk assessments, and developing test plans.

Explore the requirements of Appendix A of OMB Circular A-123 and the CFO Council Implementation Guide for internal control over financial reporting (ICOFR). This two-day course will explain the entire…

Explore the requirements of Appendix A of OMB Circular A-123 and the CFO Council Implementation Guide for internal control over financial reporting (ICOFR). This two-day course will explain the entire ICOFR process from initial planning through reporting on the results and support your auditing needs during an internal control review. Exercises enable you to gain hands-on experience with completing critical parts of the ICOFR assessment.

Enhance your understanding of the components of internal controls and how internal controls permeate the entire agency entitywide, including the overall organization, its policies, and procedures.…

Enhance your understanding of the components of internal controls and how internal controls permeate the entire agency entitywide, including the overall organization, its policies, and procedures. Through hands-on exercises, you will gain a strong foundation in how to build, assess, and operationalize internal controls, and learn key techniques on how to reduce the risk of waste, fraud, and financial mismanagement.