Internal Control Focused Events Event
The GAO Green Book Standards
Biweekly on Monday's in 2021
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A Practical Approach to Internal Controls
The Green Book sets the standards for an effective internal control system for federal agencies and is a crucial safeguard over public resources. State, local, and quasi-governmental entities, as well as not-for-profit organizations, may adopt the new Green Book standards as a framework for an internal control system.
This four hour CPE seminar provides an overview of the principles-based Green Book and of a system of internal controls which uses COSO 2013 framework as its basis. COSO 2013 defines internal controls as being within five components and seventeen principles. The education process covers the interrelationships presented within the COSO 2013 framework and how to approach the classification of controls within the framework. The Green Book has a different focus for compliance within the COSO framework in line within the governmental environment needs.
This virtual event provides an overview of the GAO Green Book and how to address compliance with it.
This 4 CPE seminar is for government professionals and auditors. Attendees are not required to have a detailed knowledge of operations, risks, controls, auditing, compliance or The Green Book. However, by the end of the class, each attendee should absorb an understanding of these areas, as well as how to apply the updated Green Book controls and principles to a governmental organization and Yellow Book audits.
Our seminars are as entertaining as they are informative. Sit back and enjoy; be engaged and educated in a casual atmosphere of information exchange. We will not bore you!
Follow the below links for further detail information:
. Seminar Highlights
. Learning Objectives
. Key Issues on the Agenda
. Benefits of Attending
The retail cost of the virtual 4 CPE event is $240 per attendee. Discounts are available for more than one attendee from each organization: (2) $455.00 (3) $650.00 (4) $815.00 (5) $1,020.00.
You can request this event for any day at any time with two attendees.
To reserve your space, click here on "SIGN-UP NOW!". You have to complete the registration form and use the corresponding "Submit Registration Form and Move to Payment Options Page" button for filing the registration and moving to the payment page.
Each attendee will receive 4 CPE Hours (YB). A certificate of completion will be provided.
Program Level of Understanding: Basic
Advance Preparation: None
Delivery Format: Group Internet Based
NASBA Field(s) of Study: Auditing
CPE Credits: 4, based on 50 minutes of instruction per hour
Our instructors are experts in risk management, auditing, corporate accounting, executive management, information technology and CPA firm operations. Our goal is to provide expert advice on COSO ERM, COSO, FDICIA, COBIT, NIST, ITIL, CMMI, FCPA, PCAOB standards, AICPA standards and cyber risk management.
Virtual The GAO Green Book Training Events - 4 CPEs
On September 10, 2014 GAO issued its revision of Standards for Internal Control in the Federal Government. You can read the press release here. The 2014 revision will supersede GAO/AIMD-00-21.3.1, Standards for Internal Control in the Federal Government: November 1999. This document is based on the COSO Internal Control - Integrated Framework 2013. GAO's 2014 revision will be effective beginning with fiscal year 2016 and the FMFIA reports covering that year. Management, at its discretion, may elect early adoption of the 2014 Green Book.
Federal Managers' Financial Integrity Act (FMFIA) requires that federal agency executives periodically review and annually report on the agency's internal control systems. FMFIA requires the Comptroller General to prescribe internal controls standards. These internal control standards, first issued in 1983, present the internal control standards for federal agencies for both program and financial management.
The Green Book may also be adopted by state, local, and quasi-governmental entities, as well as not-for-profit organizations, as a framework for an internal control system.
State and Federal Internal Controls, Financial Management Systems and Compliance with Laws and Regulations Documents
Standards for Internal Control in the Federal Government (The Green Book)
Internal Control Management and Evaluation Tool August 1, 2001
OMB Circular No. A-123, Management's Responsibility for Enterprise Risk Management and Internal Control July 15, 2016
State of Alaska - Audit Guide and Compliance Supplement for State Single Audits
State of Arizona Accounting Manual Topic 05 Internal Controls
State of California - Internal Control Guidelines - California Local Agencies 2015
State of Colorado - State Controller Policy
State of Connecticut - Internal Control Guide
State of Delaware - Office of Management and Budget - Internal Control
State of Florida - Internal Controls
State of Georgia - Statewide Internal Control Guidance
State of Idaho - Internal Controls
State of Illinois - Supplement to SAMS Procedure 2, Internal Controls
State of Indiana - Uniform Internal Control Standards for Indian political Subdivisions
State of Iowa - Audit Practice Aids 2016
State of Maine - Departmental Internal Control Plan Outline
State of Maine - Self Assessment of Internal Controls
State of Maryland - Internal Control Manual For Use by State Departments And Independent Agencies
State of Massachusetts - Internal Controls
State of Michigan - Uniform Accounting Procedures Manual
State of Minnesota - Internal Control &A Accountability
State of Nebraska - State Accounting Manual
State of New Jersey - Internal Control Guide
New York State Government Accountability, Audit and Internal Control Act
State of North Carolina - The State Governmental Accountability and Internal Control Act
State of Rhode Island - Internal Control Guide
State of South Dakota - Internal Controls Bill
State of Tennessee - Internal Control and Compliance Manual for Governmental Entities and other Autied Entitites in Tennessee
State of Texas - The Texas Internal Auditing Act
State of Utah - Internal Control
State of Vermont - Internal Controls
Commonwealth of Virginia - Agency Risk Management and Internal Control Standards (ARMICS)
State of Washington - Internal Control
COSO 2013 Related Documents
Link to purchase the four volumesof the COSO Internal Control Framework 2013
COSO Internal Control - Integrated Framework - Executive Summary
COSO's 2013 Internal Control Framework in Depth by BKD
Transitioning to the 2013 COSO Framework for External Financial Reporting Purposes by E&Y
IMPACT of the 2013 COSO FRAMEWORK by Financial Executives Research Foundation
COSO Internal Control - Integrated Framework (2013) by KPMG
An overview of COSO's 2013 Internal Control-Integrated Framework by Sara Lord, McGladrey LLP
The 2013 COSO Framework & SOX Compliance by Stephan McNally
The Updated COSO Internal Control Framework by Protiviti (Third Edition
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Benefits of Attending
- Review how The Green Book is structured
- Understand the mapping of The Green Book to COSO 2013
- Know the key entity level controls that are highlighted in The Green Book
- Review the implications for using The Green Book
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- The Components of the Green Book
- Logic presented by the Green Book Components
- The structure used to describe the Green Book Framework
- The 17 Principles are now present in the Green Book Framework
- The importance of the "52 Attributes"
- How to gage the effectiveness of internal controls
- How to build a "Culture of Compliance
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- Defining "internal control framework" within an organization
- Describing The Green Book standard and its documents to management
- Positioning attendees to begin planning their conversion to the new Green Book standard
- Assurance to the attendee that they can work to be insync with Uniform Administrative Rules Section 200.303
- Understanding the gaps and shortcomings in Green Book compliance
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Key Issues on the Agenda
Section 1 - Internal Control Concepts
- Why a "Framework of Internal Controls"
- COSO 2013 Heritage
- Components - Principles - Attributes
- What is the Green Book and how is it used?
Section 2 - Overview - Components, Principles and Attributes
- Pareto's Law
- 17 Principles of the Green Book
Section 3 - Management Evaluation
- Evaluation of Internal Control
- Design - Implementation - Operation Stages
- Maturity Model Evaluation
Section 4 - Control Environment
- Tone at the Top
- Principles 1-5
- Green Book Questionnaire
Section 5 - Risk Assessment
- Risk assessment and the audit of internal control
- Selecting controls to audit
- Testing management review controls
- IT considerations
- Roll forward of controls
- Using the work of others
- Evaluating identified control deficiencies
Section 6 - Entity-Level - Risk Assessment
- Specifies suitable objectives
- Identifies and analyses risk
- Assesses fraud risk
- Significant change
Section 7 - Entity-Level - Control Environment
- Integrity and ethical values
- Oversight responsibilities
- Structure, authority and responsibility
- Commitment to competence
- How to build a "Culture of Compliance"
Section 8 - Entity-Level: Supporting Components
- Control activities
- Information and communication
- Whistleblower controls
- Monitoring activities
Section 9 - Business Process Documentation
- Categorizing controls
- Business process documentation
Section 10 - Going Forward
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Internal Control & CPA Focused Training Seminars
Corporate Compliance Seminars presents two families of professional continuing education (CPE) seminars:
Internal Control & CPA Focused Training Seminars (Details)
Internal Auditor Focused Training Seminars (Details)
The internal control seminars we present can benefit a variety of attendees:
- Non-accelerated filers who may just be getting their documentation underway for Section 404 compliance,
- Public companies looking to improve their effectiveness and efficiency of their Section 404 compliance,
- Nonprofit organizations, governmental agencies and other groups that want to improve the integration of their governance, risk and compliance (GRC) efforts,
- Executives and Board of Directors members who can gain insights from our "Best Practices" examples to really understand SOX Section 404,
- Anyone finds practical advice from our real-world experience with the implementation of internal controls over financial reporting (ICFR).
The internal audit seminars we present can benefit a variety of attendees:
- The new internal auditor can be oriented to the profession and the work,
- Auditors looking for improvements in their approach and knowledge,
- Professionals looking to improve the content of their workpapers and the impact of audit reports,
- Any organization that desires to improve the effectiveness of their internal audit department,
- Audit Managers looking for education concerning current audit issues,
- Practical advice based on our real-world experience with being the auditee, an internal auditor and an external auditor.
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Experts Providing CPE Training Events
Corporate Compliance Seminars (CCS) was created by experts who enjoy providing CPE training events. All our experts have years of experience in providing training courses, workshops and consulting on internal controls, internal auditing, information technology, cybersecurity and accounting related subjects. We have focused on SOX, COSO, PCAOB, COBIT, CMMI, GRC, GAAP, IFRS, AICPA, GAO, NAIC, ISO, and IIA Standards. We are your best source for continuing professional education (CPE).
Our programs, live in-person, webinar and on-demand, provide CPE for professionals with CPA, CGA, CIA, CFE, CISA, CMA and CA designations. CCS is focused on providing the best learning programs in using three distinct distribution channels: live in-person events, virtual webinar events and on-demand self-study e-learning.
Corporate Compliance Seminars presents CPE to a range of professionals, auditors, accountants, finance staff, compliance personnel, information technology (IT) professionals, Boards of Directors and Audit Committees. We examine the details of risk management, Sarbanes-Oxley Act compliance, Model Audit Rule (MAR) compliance, auditing, internal controls, cybersecurity and compliance, and fraud prevention and detection.
Within the U.S.A. marketplace, Corporate Compliance Seminars allows the attendee to earn NASBA CPE credit.
Our events focus on the details of the Sarbanes-Oxley Act of 2002 (SOX), Internal Controls over Financial Reporting (ICFR), Committee of Sponsoring Organizations of the Treadway Commission (COSO) Internal Control Frameworks, ISACA's Control Objectives over Information Technology (COBIT), Information Technology Infrastructure Library (ITIL), Open Compliance & Ethics Group's (OCEG) Governance, Risk & Compliance (GRC) methodology, PCAOB's Auditing Standard 5 (AS5), AICPA auditing standards, and NAIC regulatory model regulations and acts .
Our live in-person events are generally presented in a small classroom setting with two to five attendees. Over the last few weeks, we have come to the understand we need to provide distant e-learning events. We are now in the process of moving all our content to an online available status. We have created distant e-learning opportunities using both a virtual webinar event approach and on-demand e-learning self-study modules. These two e-learning approaches: webinars and on-demand self-study with extended web access to our content into the global continuing professional development (CPD) marketplace. In the webinar e-learning events we will limit the number of students to maximize the interaction between the live instructor and attendees. The on-demand self-study e-learning modules will be created and offered to meet the NASBA CPE credit requirements .
Our seminars provide CPE for the CPA, CFE, CIA, CISA, auditors and others with effective and engaging internal audit training courses.
Our instructors have had direct experience in the following industries: financial activities, bank, insurance, healthcare, construction, leisure and hospitality, professional and business services, mining and oil & gas extraction, manufacturing, educational, government agencies, transportation, software, technical, hi-tech and agricultural.
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