PPT-What’s New in Government Internal Control Standards?

Page 1 Going Green Session Objective To discuss GAOs revision to the Standards for Internal Control in the Federal Government Green Book Page 2 Whats in Green Book for the Federal Government. CA ANAND PRAKASH JANGID. Agenda. Check in. Financial Reporting & Regulation. Understanding Internal Control. IS Controls & Internal controls. Summary. 3. What is common among them????. Financial Reporting & Regulation. Internal Control in the Federal Government By the Comptroller General of the United States September 2014 GAO - 14 - 704G United States Government Accountability Office What is the Green Book and how WHAT IS QUALITY . Degree . of congruence between expectation and realization . WHO . DEFINITION . . Quality . means meeting the predetermined requirements of users for a particular substance or service. IT Auditing and Cyber Security. Spring 2014. Instructor: Liang Yao (MBA, MS, CIA, CISA, CISSP). Committee of Sponsoring Organization(COSO). Control Objectives for Information and Related Technology (COBIT). Chapter 5. Learning Objectives. After studying this chapter, you should be able to:. Describe the Sarbanes-Oxley Act and its impact on internal controls and financial reporting. Describe and illustrate the objectives and elements of internal control. Basics . of Internal Controls – what are they. ?. COSO framework . Practical applications to your current . processes. Facilitator: . Laura Williams. Updated February 2014. 2. Internal Control Basics. 2018 Annual Winter Seminar. Internal Controls for Auditors and Program Managers. Session Objectives. Review fundamental concepts of internal control and why it is so . important. Recognize . internal control frameworks and standards and how they can be applied in strengthening a system of internal control . WHY PARTICIPATE?. THE PROFESSION THAT MAKES A DIFFERENCE. Presenter:. Organization. Date. AGENDA. Today’s Professional Association. Determining the right one for you. The IIA as THE Professional Association for Internal Auditors. Daniel Adams. Inst. Audit & Advisory Services. About IAAS. Evaluate (internal) control processes. Monitor:. Compliance with policies, procedures laws and regulations. Means of safeguarding assets. Andrew J. Dahle, CIA, CPA, CISA, CFE. Chair – IIA Internal Audit Standards Board. Warren Hersh, CIA. , CPA, CISA. , CFE. Member – IIA Internal Audit Standards Board. October 26, 2010. 1. Session Overview. Sponsors of Day Care Homes and Unaffiliated Centers 2 CFR 200: Super circular OMB Circulars have been superseded; utilize the Super-Circular when discrepancies appear between the Super-Circular and the 7 CFR 226 and FNS 796-2 Rev. 4 Green Book. Terenzio. . Volpicelli. , CPA, Partner. Tony . Roselli. , CPA, CGMA, Partner. . Roselli. , Clark and Associates. MA Municipal Accountants &Auditors Association Amherst, MA – March 13, 2017. -. The . practice of . the European Commission’s Internal Audit Service . Mr Mirco . Barbero. . European . Commission, IAS.C1. The Internal Control Framework (ICF) in the European Commission (EC). Chapter 10. Learning Objective 1. Contrast management’s need for. internal control with the auditor’s. need to consider internal control. when designing an audit.. Inherent. Limitations. Reasonable.