Internal control deficiencies

https://www.cpajournal.com/2018/05/03/icymi-internal-control-deficiencies-in-local-government/#

OMB Circular A123 - brings together ERM and internal control

http://federalnewsradio.com/omb/2016/07/123-update-omb-knits-together-risk-management-internal-controls/

GAO identifies internal control issues with IRS

http://www.accountingtoday.com/news/irs_watch/gao-sees-need-for-improvement-in-irss-internal-controls-71213-1.html The GAO report is located http://www.gao.gov/assets/670/664599.pdf

U.S. Department of Defense audit issues

Fierce government reports the concerns around next year's efforts for audit by department of defense. For that article see http://www.fiercegovernment.com/story/hale-dod-wont-produce-full-auditable-financial-statement-sept-30/2014-05-14?utm_medium=nl&utm_source=internal For a link to actual hearings, statements and testimony, see http://www.hsgac.senate.gov/hearings/improving-financial-management-at-the-department-of-defense

Exposure draft released of Green Book for GAO

First revision since 1999.   90 pages.  The Green Book is the concepts and principles of internal control which GAO defines as policies and procedures an organizations uses to achieve its objectives.
Created in 1983, this is the third run at this.....You have until Dec 20 to comment. http://www.gao.gov/assets/660/657383.pdf

Audit report blasts city of Stockton, CA

Stockton had taken bankruptcy, but this report shows internal control issues that likely contributed to poor fiscal affairs.  http://www.recordnet.com/apps/pbcs.dll/article?AID=/20130801/A_NEWS/308010320

The writer of the article keeps a blog on Stockton City Hall activities http://blogs.esanjoaquin.com/stockton-city-hall-blog/ 

Nonprofits ripe for fraud?

See this article that discusses the necessity for internal controls in the mission driven NFP sector.   Doing good is great, but do so with open eyes to the realities of the world, so that you can continue to "do good".  http://journalofaccountancy.com/News/20138221.htm

Issues with the way the U.S. Treasury

processes its consolidated financial statements.   The 33 page GAO report issued June 28, 2013 report indicates some of the concerns.   http://www.gao.gov/assets/660/655636.pdf

New Mexico Finance Authority scandal update

Terminating the contract to investigate, citing the state auditor can do this....however Moody's had originally stated an opinion of the benefit of that.   Transparency is an important consideration in this case.  http://accounting.smartpros.com/standard/IMA/IMA_0812c.html

Combat fraud, waste and abuse

http://fmcenter.aicpa.org/NR/rdonlyres/4549A0AA-E3C2-4F84-9D32-14C06EBF0AA9/0/GovtAcctBriefDec09linked.pdf

AICPA publishes a brief on internal controls for government. Notice that the sidebar of this pdf file also has links to other resources.

As American Recovery and Reinvestment Act programs and funding reach state and local governments, CPAs will want to take a renewed look at internal controls for their organizations. State and local governments with new programs or programs being expanded under ARRA could experience significant changes in the control environment and risk levels. This whit paper describes some of what may need done

http://fmcenter.aicpa.org/NR/rdonlyres/E3E77384-E4BA-4F90-BAE4-FEAE8569CECB/0/FINAL_Understanding_Internal_Control_Services_government.pdf