Advanced Internal Controls in Government Training Workshop

Advanced Internal Controls in Government Training Workshop: Incorporating Green Book, A-123 and A-11 Revisions - What you need to know to convert compliance confusion into program advantage. A One-Day Training Workshop for Experienced Government Internal Control Professionals to improve their understanding of what it takes to advance Internal Control Programs into new territories, particularly in light of recent and forthcoming updates to the GAO Green Book, A-11 and A-123.

Internal controls fall into the “must have” category for government.  Not only is establishing and maintaining an internal control program required by statute, but good business practice dictates they exist to promote organizational effectiveness. After so much investment, are these mandatory programs producing value commensurate with the cost required to produce them?  What are the common themes emerging from our burgeoning federal compliance requirements? In light of recent and pending updates to the GAO Green Book and OMB Circulars A-11 and A-123, does a streamlined approach exist to convert compliance confusion into program advantage?

Compliance activities performed by federal agencies are inter-related and, at times, overlap. Much of the cost and effort of compliance comes from the view that differences between individual compliance mandates are greater than the similarities, resulting in organizations designing separate implementation programs for each requirement. In reality, these resources often evaluate the same information to generate reports for different stakeholders. Similarly, questions are often asked of the same people, so identical tasks are repeated to satisfy specific requirements. Rather than performing compliance testing and reporting in a vacuum, such efforts can be streamlined with a “one-to-many” approach — that is, adopt a mindset and process by which agencies can test once and comply with multiple legislative mandates, more effectively managing risk and program performance in the process.

What You Will Learn:  

• How internal controls can offer an enterprise view of an organization’s risks
• How to reduce the risk of noncompliance
• Strategies to reduce the cost of compliance
• Ways to identify opportunities for program and compliance improvements
• Tools to refocus resources and spending on activities that drive mission performance and support GPRA and GPRAMA requirements
• Computer aided audit techniques and preventing fraud, waste and abuse through predictive analytics
• Rationalizing controls, with a focus on monitoring controls and Control Self-Assessments
• Operating in a Shared Service environment and its impact on internal controls
• Risk and compliance software
• What is new and what has changed in the Revised GAO Green Book
• What is new and what has changed in the Revised OMB Circular A-11 

Why You Should Attend:

Government organizations have established internal control programs.  Many are very effective and many comply with regulations but need to be more aligned with program activities to strengthen the overall internal control system.   This Potomac Forum Workshop will help agencies to “raise the bar” for their Internal Control programs and convert that investment into value-added program advantage.

Who Should Attend:

Government attendees should already have an understanding of basic Federal Government Internal Controls. This workshop is limited to the government employees only to permit candid discussion:

• Financial management professionals with an understanding of basic internal controls and OMB Circular A-123
• Experienced Internal controls program managers and team members
• Program management professionals with internal controls responsibilities
• Auditors
• Inspectors General and Staff
• Chief Financial Officers and Staff
• Chief Performance Officers and Staff
• Chief Information Officers and Staff
• Risk Management Staff
• Chief Human Capital Officers, HR Managers and Staff
• Managers, Directors and Senior Officials who have fiduciary or financial responsibilities
• Agency Executive Leadership interested in Improving Internal Controls in their organization
• Inspector Generals and Staff

Format: 

• Presentations by experts on A-123, FMFIA, FISMA, FFMIA, GPRA, GPRAMA IPIA, IPERIA and COSO
• Discussions led by experienced government and public accounting experts

Team “Learn Together” Rate: Register two persons from the same organization at the same time and the second person registers at 50% of the current government rate.

 Fee includes instruction, presentations, Training Workshop Notebook, and continental breakfasts, morning and afternoon refreshments, and hosted luncheon.  This Workshop is Limited To Government Employees Only to Permit Candid Discussion. The Press and Industry are NOT invited to register for this workshop.