Pages Menu
Categories Menu

Posted by on Oct 3, 2019

Significant Changes Introduced by the 2018 Yellow Book

Significant Changes Introduced by the 2018 Yellow Book

In July of 2018, the long-anticipated revision of the Government Accountability Office’s (GAO’s) Generally Accepted Government Auditing Standards (GAGAS), commonly referred to as The Yellow Book, was released. It provides auditors with professional qualification guidelines and generally accepted government auditing standards for performing audits, including reporting and quality control.

Read More

Posted by on Sep 3, 2019

What’s Really at Risk?

What’s Really at Risk?

The Government Accountability Office (GAO) publishes Standards for Internal Control in the Federal Government (also known as the Green Book), which defines, among other things, four principles of risk assessment. In short, they are:
1. Define objectives and risk tolerances
2. Identify, analyze, and respond to risks
3. Assess fraud risk
4. Identify, analyze, and respond to change

Read More

Posted by on Aug 7, 2019

Paying for Federal IT Modernization

Paying for Federal IT Modernization

One of the themes in the President’s Management Agenda (PMA) focuses on eliminating the discrepancy between the American people’s experiences dealing with the private sector and their experiences interacting with the Federal Government. For many Federal Agencies, bridging this gap will require an overhaul of information technology (IT) assets and processes.

Read More

Posted by on Mar 5, 2018

Insights and updates from AGA’s 2018 National Leadership Training

Insights and updates from AGA’s 2018 National Leadership Training

I recently had the opportunity to represent Management Concepts at the Association of Government Accountants’ National Leadership Training (NLT) event at the Ronald Reagan Building in Washington, D.C. This two-day event is designed to develop and train government financial professionals to excel as leaders. Featured speakers included Dave DeLong, President, Smart Workforce Strategies and Mark Updegrove, CEO, National Medal of Honor Museum. The event drew hundreds of CEO’s, CFO’s, senior executives, PhD’s, CPA’s, senior managers, and future leaders from Federal, state, and local organizations across the U.S.

Read More

Posted by on Aug 2, 2017

Use It or Lose It: Fiscal Year-End Spending

Use It or Lose It: Fiscal Year-End Spending

The end of the Federal fiscal year is well on its way, and that means funds may be made available to certain programs and activities for obligation before they expire on September 30. These funds usually flow from things that could not be executed as planned, or from reserves for contingencies that never materialized. How […]

Read More