Description:
Federal government agency heads must follow the requirements of the Federal Manager's Financial Integrity Act and OMB's Circular A-123 to assess and report on the agency's system of internal control. Learn how the required compliance assessment can be structured and carried out, including basic techniques and approaches for conducting evaluations and documenting their results. Understand the intent and content of OMBs 2016 revision to Circular A-123 and GAO’s 2014 revision to the Internal Control Standards (the Green Book). Effective January 30, 2018, the title of this course changed from Management's Responsibility for Internal Control (OMB Circular A-123) to Management's and Auditor's Roles in Assessing Internal Control. This course is part of the Certified Government Auditor (CGA) program, Level 1.
Duration:
2 days
Level:
Intermediate
Who Should Attend?
Program managers and other non-auditors, as well as auditors who conduct control assessments as well as auditors who review agencies’ implementation of Circular A-123.
Credits:
16 CPEsLearning Outcomes:
- Explain why internal control is important for helping managers accomplish organizational, operational and program objectives for which they are responsible Identify the objectives and requirements for the Integrity Act.
- Define management control, internal control and the basic concepts and objectives for them Identify and apply GAO standards and OMB guidance for establishing and assessing controls.
- Identify and apply key components of a control program Identify and apply key components of assessing controls Recognize and report deficiencies and material weaknesses.
- Describe reporting requirements under the Integrity Act.
- Identify auditors’ roles in applying auditing standards for assessing and reporting on the quality of internal controls in financial, attestation and performance audits.
Available Sessions:
| Session Code | Start Date | End Date | Location | Tuition | |
|---|---|---|---|---|---|
| Session Code AUDT8003-006 | Start Date May 28, 2025 9:00 AM EST | End Date May 29, 2025 5:00 PM EST | Location Virtual | Tuition $899.00 | |
| Session Code AUDT8003-002 | Start Date Jun 24, 2025 9:00 AM EST | End Date Jun 25, 2025 5:00 PM EST | Location Virtual | Tuition $899.00 | |
| Session Code AUDT8003-007 | Start Date Jul 16, 2025 9:00 AM EST | End Date Jul 17, 2025 5:00 PM EST | Location Virtual | Tuition $899.00 | |
| Session Code AUDT8003-004 | Start Date Aug 13, 2025 9:00 AM EST | End Date Aug 14, 2025 5:00 PM EST | Location Virtual | Tuition $899.00 | |
| Session Code AUDT8003-008 | Start Date Aug 26, 2025 9:00 AM EST | End Date Aug 27, 2025 5:00 PM EST | Location Virtual | Tuition $899.00 | |
| Session Code AUDT8003-005 | Start Date Sep 15, 2025 9:00 AM EST | End Date Sep 16, 2025 5:00 PM EST | Location Virtual | Tuition $899.00 | |
| Session Code AUDT8003-009 | Start Date Oct 21, 2025 9:00 AM EST | End Date Oct 22, 2025 5:00 PM EST | Location Virtual | Tuition $899.00 | |
| Session Code AUDT8003-003 | Start Date Nov 05, 2025 9:00 AM EST | End Date Nov 06, 2025 5:00 PM EST | Location Virtual | Tuition $899.00 | |
| Session Code AUDT8003-010 | Start Date Dec 09, 2025 9:00 AM EST | End Date Dec 10, 2025 5:00 PM EST | Location Virtual | Tuition $899.00 |
- Module 1 Internal Control: Key to Accountability
- Module 2 Legislation, Standards, and Guidance
- Module 3 Establishing and Operating an Effective Internal Control System
- Module 4 Assessing Internal Control
- Module 5 Impact When Controls Fail
- Module 6 Correcting Internal Control Deficiencies
- Module 7 Reporting on Internal Control
Other Recommended Courses:
- Enterprise Risk Management for Auditors (AUDT8916)
- Enterprise Risk Management: Executive Seminar for Resource Managers (FINC8912)
- Army Managers' Internal Control Administrators' Course (AUDT9015)
- Federal Appropriations Law for Auditors (AUDT7010)
- Financial Management Bootcamp for Federal Auditors (AUDT7020)
- Assessing Controls in Performance Audits (AUDT8021)
- Army Managers' Internal Control Administrators' Course (AUDT9015)
- Counterintelligence for Information Security Assessment and Protection (AUDT7200)
