Objectives of the by liaoqinmei

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									Managing for Results:
Integrating Performance and
Controls
FY 2007 Department of Defense Managers' Internal Control
Program Conference
National Defense University
December 7, 2006

                                      Presented by:
                                      Adam Goldberg
                                      Chief, Financial Integrity and Analysis
                                      Office of Federal Financial Management
                                      Office of Management and Budget
What are the objectives
of the A-123?
   Facilitate an effective internal control environment resulting in a culture
    steeped with integrity and accountability

   Facilitate a more in-depth look at the internal controls resulting in more
    streamlined and standardized processes

   Facilitate more interaction and cooperation between financial and
    program offices resulting in a better understanding of the overall
    organization and current processes

   Facilitate a better understanding of existing weaknesses resulting in
    more pointed corrective actions

   Facilitate the integration of internal control reviews – FMFIA, FISMA,
    audit remediation, etc. - resulting in more efficient procedures


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Where are we now?
   Completing the first year of Appendix A
    implementation

   Reviewed assurances as of June 30 to update for
    new information - correction of existing weaknesses
    or identification of new weaknesses

   Final assurance statements published in Performance
    and Accountability Reports on November 15



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What are our major
challenges?
   Better integration with program offices -
    Appendix A requirements still viewed as only
    a CFO effort

   Better integration with other internal control
    reviews to reduce duplication of effort

   Better assimilation into culture of organization
    to make the assessment more routine

                                                     4
What did we achieve this
year?
   Re-emphasis on importance of effective internal control
        Senior management set the priority
        Expansion of existing, or creating new, oversight committees for
         internal control

   Significant progress in assessing key business processes
        Review and revise documentation of key processes and related
         internal controls
        More focus on corrective actions for existing weaknesses

   Beginnings of streamlining and standardizing processes




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