The GAO Green Book Training Seminar (1 Day)
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 one-day 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 in line within the governmental environment.
We also present a three-day CPE academy that provides detailed guidance on how to implement and assess an internal control framework based on The Green Book. You can review this program at "The Green Book Compliance Academy" (3 Day).
This eight-hour CPE course provides you with a more in-depth look at how to implement controls that are consistent with The Green Book. It overviews the Who - What - Why - Where - How to Control. We look at the principles-based approach presented in The Green Book.
This CPE seminar is for business professionals. 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, you will absorb an understanding of these areas, as well as how to apply the updated Green Book controls and principles to your governmental organization and your 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 this CPE seminar is $495.00 for the first attendee from a single organization. Discounts are available for more than one attendee from each organization: (2) $940.00 (3) $1,340.00 (4) $1,680.00 (5) $1,980.00.
To reserve your space, click on the "SIGN-UP NOW!" link in the right margin, 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.
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.
Each attendee will receive 8 Auditing CPE Hours (YB). A certificate of completion will be provided.
Upcoming The GAO Green Book: Standards for Internal Control in the Federal Government Training Seminars:
Refer to our Seminar Cities Index for a list of our seminar locations. The individual city pages provide a listing of topics being presented. Our Seminar Cities by Week provides a guide to the locations during a calendar week.
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
top of page
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
top of page
- 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
top of page
- 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
top of page
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
top of page
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.
Experts Providing CPE Training Seminars
Corporate Compliance Seminars has been created by experts who enjoy providing CPE classroom training, workshops and consulting on internal controls, internal auditing and accounting related subjects. We have focused on SOX, COSO, PCAOB, COBIT, GRC, IFRS, AICPA, GAO and IIA Standards.
Our programs are CPE for professionals with CPA, CGA, CIA, CFE, CISA, CMA and CA designations.
Corporate Compliance Seminars presents CPE to auditors, compliance and IT professionals, Boards of Directors and Audit Committees. We examine the details of risk management, Sarbanes-Oxley Act compliance, Model Audit Rule compliance, auditing, internal controls, IT security and compliance, and fraud prevention and detection.
Corporate Compliance Seminars allows the attendee to earn Official NASBA CPE credit.
Our seminars 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 the future conversion from GAAP to the International Financial Reporting Standards (IFRS).
Our seminars provide CPE for the CPA, CFE, CIA, CISA, auditors and others with effective and engaging training.