GAO Green Book Standards
Deepen your understanding of federal internal control systems with our GAO Green Book Standards CPE Training. Designed for government professionals and auditors, this four-hour seminar provides the essential tools and knowledge to implement the principles of the GAO Green Book, ensuring accountability, transparency, and operational efficiency in your organization. Earn 4 CPE credits while mastering the framework that supports effective internal control for governmental entities.
Why Attend?
Earn 4 CPE Credits
This NASBA-approved program awards attendees four Continuing Professional Education (CPE) credits, enabling professionals to meet their educational requirements while acquiring critical insights into the GAO Green Book standards.
Master Internal Control Systems
The seminar offers a comprehensive overview of the GAO Green Book’s five key components, 17 principles, and 52 attributes, outlining a tested framework that aligns with the COSO 2013 standards.
Stay Ahead of Compliance Changes
Gain an in-depth understanding of the latest 2024 updates, including enhancements in cybersecurity, fraud risk management, and guidance on third-party risk assessments. Stay equipped to adapt to evolving standards and challenges in government compliance.
Enhance Accountability and Efficiency
Implementing the GAO Green Book’s principles within your organization fosters a culture of compliance, improves governance, and minimizes risk—all essential elements for enhancing operational efficiency and public trust.
What You’ll Learn
This training demystifies the GAO Green Book’s framework and prepares you to effectively integrate its standards into your organization’s internal control systems. Through real-world examples and expert-led discussions, attendees will gain practical skills and actionable strategies.
Key highlights of the seminar:
- Understanding the Green Book Framework: Learn the rationale behind the Components, Principles, and Attributes that form the Green Book’s foundation.
- Evaluating Internal Controls: Develop techniques to assess and enhance your organization’s internal controls using a principles-based approach.
- Risk Assessment Strategies: Delve into identifying, analyzing, and addressing risks, including integrating cybersecurity measures and managing third-party risks.
- Fraud Prevention and ESG Considerations: Explore the latest guidance on managing fraud risks and incorporating environmental, social, and governance (ESG) factors into control practices.
- Building a Culture of Compliance: Discover how to foster accountability and transparency within your team by setting the right tone at the top.
Course Agenda
This seminar offers a step-by-step exploration of the GAO Green Book’s key elements, structure, and practical applications.
Session Breakdown:
Internal Control Fundamentals
- The COSO 2013 foundation
- Overview of the five components of internal control and why they matter
Components and Principles of the Green Book
- Detailed review of the 17 principles and 52 attributes
- How these principles guide internal control effectiveness
Management and Risk Assessment
- Evaluating and prioritizing risks
- Linking internal controls to organization-wide objectives
Control Environment
- Establishing a framework of integrity, competence, and accountability
- Learn how leadership influences a strong internal control culture
Monitoring and Assessing Effectiveness
- Key monitoring activities to ensure timely feedback on controls
- Documenting and communicating internal control activities
New Updates in the 2024 Standards
- Cybersecurity as part of internal control practices
- Integration of sustainability frameworks (ESG)
Going Forward with GAO Green Book Standards
- Continuous improvement and adaptation to changing regulatory landscapes
Schedule and Format:
- When: Wednesdays, every 8 weeks, 10 a.m.–2:30 p.m. CST
- Where: Online, group-based interactive seminar
- Credits: Earn 4 CPE credits (50 minutes of instruction per credit)
- Private Sessions: Customizable training options available for teams of two or more.
Who Should Attend?
This seminar is specifically tailored for:
- Government Professionals: Federal and other government employees responsible for internal control implementation and compliance.
- Auditors: Professionals engaged in auditing federal or public agency internal controls.
- Compliance Officers and Advisors: Experts tasked with maintaining robust internal governance and risk management frameworks.
Whether you’re new to the GAO Green Book or looking to refine your understanding of its principles, this training helps bridge the knowledge gap and equips participants with standard-ready tools to improve operational and compliance outcomes.
Why Your Organization Needs the GAO Green Book
The GAO Green Book holds critical significance for federal agencies, as it ensures the integrity of government operations through effective internal controls. By aligning internal processes with these standards, organizations can:
- Minimize fraud risks, financial misstatements, and operational inefficiencies.
- Enhance transparency and strengthen relationships with stakeholders.
- Adapt to legal and regulatory changes with a structured compliance framework.
With updates focusing on modern compliance needs like digital security and sustainability, the GAO Green Book remains an essential tool for forward-thinking organizations.
Register Today
Don’t miss this chance to advance your knowledge of GAO Green Book Standards and gain practical strategies for applying its principles across your organization.
Secure your seat today to earn your CPE credits and empower your team to achieve compliance excellence and exceptional internal control performance.
Reserve your spot now and step into the future of efficient governance and government compliance!
Details on Event Presentation
Offered every eight weeks on Wednesdays at 10:00 a.m. to 2:30 p.m. Central Time in four CPE-Credit event.
We can schedule private events GAO Green Book training events on your timetable for two or more attendees.
NASBA Program Disclosure
Program Level of Understanding: Basic
Prerequisites: None
Advance Preparation: None
Delivery Format: Group Internet Based
NASBA Field(s) of Study: Auditing CPE Credits: 4, based on 50 minutes of instruction per hour
CPE Event Highlights
The seminar reviews the following:
- The Components of the GAO Green Book
- Logic presented by the GAO Green Book Components
- The structure used to describe the GAO Green Book Framework
- The 17 Principles are now present in the GAO Green Book Framework
- The importance of the "52 Attributes"
- How to gage the effectiveness of internal controls
- How to build a "Culture of Compliance
Learning Objectives
Attendees will learn how to:
- Define the "internal control framework" within an organization using the GAO Green Book framework
- Describe the GAO Green Book standard and its documents to agency management
- Position themselves to begin planning their continuous improvement of the GAO Green Book based internal control program.
- Assure they can work to be insync with Uniform Administrative Rules Section 200.303
- Understand the gaps and bias in GAO Green Book compliance framework
Key Issues on the Agenda
Section 1 - Internal Control Concepts
- Why a "Framework of Internal Controls"
- COSO 2013 Heritage
- Components - Principles - Attributes
- What is the GAO Green Book and how is it used?
Section 2 - Overview - Components, Principles and Attributes
- Pareto's Law
- 17 Principles of the GAO Green Book standard
Section 3 - Management Evaluation
- Evaluation of Internal Control
- Design - Implementation - Operation Stages
- Maturity Model Evaluation
Section 4 - Control Environment
- Tone at the Top
- Principles 1-5
- GAO Green Book Questionnaire
Section 5 - Risk Assessment
- Risk assessment and the audit of internal control
- Selecting controls to audit
- Testing management review controls
- IT considerations
- Roll forward of controls
- Using the work of others
- Evaluating identified control deficiencies
Section 6 - Entity-Level - Risk Assessment
- Specifies suitable objectives
- Identifies and analyses risk
- Assesses fraud risk
- Significant change
Section 7 - Entity-Level - Control Environment
- Integrity and ethical values
- Oversight responsibilities
- Structure, authority and responsibility
- Commitment to competence
- Accountability
- How to build a "Culture of Compliance"
Section 8 - Entity-Level: Supporting Components
- Control activities
- Information and communication
- Whistleblower controls
- Monitoring activities
Section 9 - Business Process Documentation
- Categorizing controls
- Business process documentation
Section 10 - Going Forward with the GAO Green Book standard
Summary of the Subject Matter
This CPE event "GAO Green Book Standards" is a comprehensive overview of the Government Accountability Office (GAO) Green Book, with a specific focus on its significance in establishing and maintaining effective internal control within the federal government.
This educational initiative aims to provide attendees with an in-depth understanding of the principles outlined in the GAO Green Book, emphasizing their role in enhancing accountability, transparency, and operational efficiency within governmental entities.
Through an in-depth analysis of compliance requirements and best practices tailored to the unique needs of government professionals, this event seeks to empower attendees with actionable insights to navigate the complex landscape of governmental compliance and risk management.
Attendees can expect to delve into critical topics such as risk assessment, control activities, information and communication, monitoring activities, and the integration of the GAO Green Book standards into organizational practices.
By addressing these key areas, the event endeavors to foster genuine connections with attendees by providing transparent, insightful content that resonates with their unique needs in the realm of governmental compliance.
Authoritative Sources
For those looking to delve deeper into the GAO Green Book standards, we recommend exploring authoritative sources such as the Government Accountability Office (GAO) publications, the Institute of Internal Auditors (IIA) resources, and U.S. Government Publishing Office federal regulations and guidelines. These resources offer valuable insights into internal control standards and their application in the federal context.
Here are relevant sources along with their web links:
- Government Accountability Office (GAO) - Green Book: Standards for Internal Control in the Federal Government
- The GAO Green Book presents standards for internal control in the federal government, offering comprehensive guidance on the design, implementation, and evaluation of internal control systems. Exploring this resource can provide a deeper understanding of internal control standards and their application in the federal context.
- Standards for Internal Control in the Federal Government: 2024 Exposure Draft The GAO "Green Book"—Standards for Internal Control in the Federal Government 2024—provides the framework for establishing and maintaining an effective internal control system. Internal control is a process designed to help an entity achieve its objectives.
- The Institute of Internal Auditors (IIA) - Resources for Internal Control and Compliance
- The IIA offers a wealth of resources related to internal control and compliance, including articles, research papers, and insights into best practices. Engaging with these resources can further augment your understanding of internal control principles as outlined in the GAO Green Book.
- U.S. Government Publishing Office - Federal Regulations and Guidelines
- The U.S. Government Publishing Office provides access to federal regulations and guidelines, serving as a valuable reference for professionals seeking to delve into the regulatory framework that aligns with the principles articulated in the GAO Green Book.
By leveraging these authoritative sources, attendees can enhance their knowledge and expertise in compliance and internal control standards as delineated in the GAO Green Book, thereby fostering a more comprehensive grasp of the subject matter.
- Government Accountability Office (GAO) - Green Book: Standards for Internal Control in the Federal Government