Description
This two-day seminar provides the detailed guidance you need to carry out your roles and responsibilities as an Army Internal Control Administrator. It covers the current statutory and regulatory requirements of the Army's Internal Control Program as well as other pertinent guidance. You will fully grasp the underlying Army philosophy on internal controls, the major elements of the Army Manager's Internal Control Program, basic responsibilities of key players in the process, and GAO Internal Control Standards as well as Enterprise Risk Management. By completing practical exercises, you will gain experience in conducting internal control evaluations and identifying control weaknesses.
Who Should Attend?
Internal Control Administrators and staff working for the Department of the Army, Army Reserve, and Army National Guard.
Tuition:
$849.00
Credits:
16 CPE's
Class Type:
This course is currently being offered in the following training modalities:
- Online
- Virtual Instructor-Led - AUDT9015A
- Class Length: This class is listed as a 2 day course.
- Virtual Instructor-Led - AUDT9015A
- On-site
Learning Outcomes:
- Develop an internal control plan
- Conduct effective internal control evaluations
- Identify and document material weaknesses
- Establish corrective action plans
- Prepare annual statements of assurance
- Discuss the legislation and policies associated with internal controls
- Describe Army management responsibilities as they relate to all aspects of internal controls
- Discuss the importance of the Financial Improvement and Audit Readiness (FIAR) Plan
- Describe the impact of the Government Program and Results Modernization Act on the accounting and reporting of Army programs
- Apply GAO Green Book Internal Control Standards
Module 1: Expectation and Responsibilities of Army Managers
Module 2: Statutory and Regulatory Framework
Module 3: Definition and Benefits of Effective Internal Controls
Module 4: When Internal Controls Fail
Module 5: The GAO Standards for Internal Control
Module 6: The Army Managers' Internal Control Program
Module 7: Designating Assessable Units and Assessable Unit Managers
Module 8: Responsibilities of the Internal Control Administrator
Module 9: Developing Effective Management Control Plans
Module 10: Conducting Internal Control Evaluations
Module 11: Identifying, Reporting, and Correcting Material Weaknesses
Module 12: The Annual Statement of Assurance
