Government professionals responsible for managing and auditing government programs and operations.
How do you make sure bad things don’t happen? Controls! In this workshop, learn how to define risks and apply controls to mitigate the risks – without creating a burdensome bureaucracy.
The 2013 version of the COSO model and the 2014 Green Book will guide our work. The Green Book is cited as a benchmark for internal controls in the Uniform Guidance for federal grants and describes ideal controls. We will work through a case study relevant to the participants.
At the conclusion of this course, participants will be able to:
- Define inherent risks of chosen activities;
- Mitigate risks with layers of controls;
- Identify and strengthen key controls;
- Document controls to satisfy regulators and auditors;
- Distinguish between preventative, corrective, and detective controls;
- Describe the COSO model and the Green Book and how to use them; and,
- Recognize excessive and unnecessary controls that consume resources and slow decision making.