lisa a. myers, cpa, cfe, maff, fcpa, cgma...2016/06/01  · (green book) further establishes...

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Green Book Presentation Lisa A. Myers, CPA, CFE, MAFF, FCPA, CGMA (717) 761-7210 | [email protected] John Kaschak, CPA, CGMA, CISA (717) 783-3685 | [email protected] Justin K. Schaffer, CPA (717) 761-7210 | [email protected] Scott A. Koman (717) 761-7210 | [email protected]

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Page 1: Lisa A. Myers, CPA, CFE, MAFF, FCPA, CGMA...2016/06/01  · (Green Book) Further establishes requirements to assess and report on internal controls Applies to all departments, boards,

Green Book Presentation

Lisa A. Myers, CPA, CFE, MAFF, FCPA, CGMA (717) 761-7210 | [email protected]

John Kaschak, CPA, CGMA, CISA

(717) 783-3685 | [email protected]

Justin K. Schaffer, CPA (717) 761-7210 | [email protected]

Scott A. Koman

(717) 761-7210 | [email protected]

Page 2: Lisa A. Myers, CPA, CFE, MAFF, FCPA, CGMA...2016/06/01  · (Green Book) Further establishes requirements to assess and report on internal controls Applies to all departments, boards,

Management Directive 325.12, Standards for Internal Controls in Commonwealth Agencies

Adopts and implements the internal control framework outlined in Standards for Internal Control in the Federal Government (Green Book)

Further establishes requirements to assess and report on internal controls

Applies to all departments, boards, commissions, and councils under the Governor's jurisdiction (agencies)

All aspects of an agency’s operations

Page 3: Lisa A. Myers, CPA, CFE, MAFF, FCPA, CGMA...2016/06/01  · (Green Book) Further establishes requirements to assess and report on internal controls Applies to all departments, boards,

Agency Responsibilities

Designate an internal controls oversight body Conduct an annual assessment of internal controls

within the agency Develop an ongoing internal control monitoring

plan Submit an internal control assurance statement

each September, for the previous fiscal year ending June 30

Page 5: Lisa A. Myers, CPA, CFE, MAFF, FCPA, CGMA...2016/06/01  · (Green Book) Further establishes requirements to assess and report on internal controls Applies to all departments, boards,

Initial Assessments

Defined Assessable Units (bureaus, functions, and/or processes)

“Translated” Green Book attributes into open ended questions

Conducted interviews Top Down/Bottom Up questionnaires and/or

surveys Assessment Templates Completed

– by Agency – by Assessable unit

Page 6: Lisa A. Myers, CPA, CFE, MAFF, FCPA, CGMA...2016/06/01  · (Green Book) Further establishes requirements to assess and report on internal controls Applies to all departments, boards,

Assessable Units - DOR

Tax Processing Financial Reporting Cash Receipts Cash Disbursements Enforcement Administration IT Lottery

Page 7: Lisa A. Myers, CPA, CFE, MAFF, FCPA, CGMA...2016/06/01  · (Green Book) Further establishes requirements to assess and report on internal controls Applies to all departments, boards,

How we plan to complete the Assessment Template

Page 8: Lisa A. Myers, CPA, CFE, MAFF, FCPA, CGMA...2016/06/01  · (Green Book) Further establishes requirements to assess and report on internal controls Applies to all departments, boards,

Agency Questionnaire

Page 9: Lisa A. Myers, CPA, CFE, MAFF, FCPA, CGMA...2016/06/01  · (Green Book) Further establishes requirements to assess and report on internal controls Applies to all departments, boards,

Agency Questionnaire (cont.)

Page 10: Lisa A. Myers, CPA, CFE, MAFF, FCPA, CGMA...2016/06/01  · (Green Book) Further establishes requirements to assess and report on internal controls Applies to all departments, boards,

Principles 10 & 12 – Process Maps

Page 11: Lisa A. Myers, CPA, CFE, MAFF, FCPA, CGMA...2016/06/01  · (Green Book) Further establishes requirements to assess and report on internal controls Applies to all departments, boards,

Principles 10 & 12 – Process Maps

Page 12: Lisa A. Myers, CPA, CFE, MAFF, FCPA, CGMA...2016/06/01  · (Green Book) Further establishes requirements to assess and report on internal controls Applies to all departments, boards,

Principle 11 - IT

Page 13: Lisa A. Myers, CPA, CFE, MAFF, FCPA, CGMA...2016/06/01  · (Green Book) Further establishes requirements to assess and report on internal controls Applies to all departments, boards,

Next Steps

Develop Corrective Action Plans (“CAPs”) Implement Monitoring Plan Revisit initial Assessment Template Prepare Assurance Statement for FY 16-17 Evaluate the initial assessment process again

Page 14: Lisa A. Myers, CPA, CFE, MAFF, FCPA, CGMA...2016/06/01  · (Green Book) Further establishes requirements to assess and report on internal controls Applies to all departments, boards,

Thank You

Discussion?