Financial Management and Assurance; Standards for Internal Control in the Federal Government
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Abstract
On June 27, 2024, the U.S. Government Accountability Office (GAO) issued an exposure draft of proposed revisions to "Standards for Internal Control in the Federal Government", also known as the Green Book. To help ensure that the standards continue to meet the needs of the Federal community and the public it serves, the Comptroller General of the United States established the Advisory Council on Standards for Internal Control in the Federal Government (Green Book Advisory Council) to review GAO's proposed revisions to the standards and consider other necessary changes. We are requesting public comments on the proposed revisions in the 2024 exposure draft. All comments received from the public will be considered a matter of public record and will be posted on the GAO website.
Full Text
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<title>Federal Register, Volume 89 Issue 124 (Thursday, June 27, 2024)</title>
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[Federal Register Volume 89, Number 124 (Thursday, June 27, 2024)]
[Notices]
[Page 53624]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-13145]
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GOVERNMENT ACCOUNTABILITY OFFICE
Financial Management and Assurance; Standards for Internal
Control in the Federal Government
AGENCY: U.S. Government Accountability Office.
ACTION: Notice of document availability.
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SUMMARY: On June 27, 2024, the U.S. Government Accountability Office
(GAO) issued an exposure draft of proposed revisions to ``Standards for
Internal Control in the Federal Government'', also known as the Green
Book. To help ensure that the standards continue to meet the needs of
the Federal community and the public it serves, the Comptroller General
of the United States established the Advisory Council on Standards for
Internal Control in the Federal Government (Green Book Advisory
Council) to review GAO's proposed revisions to the standards and
consider other necessary changes. We are requesting public comments on
the proposed revisions in the 2024 exposure draft. All comments
received from the public will be considered a matter of public record
and will be posted on the GAO website.
DATES: Comments will be accepted through August 26, 2024.
ADDRESSES: A copy of the exposure draft (GAO-24-106889) can be obtained
on the GAO internet page at <a href="https://www.gao.gov/greenbook">https://www.gao.gov/greenbook</a>.
FOR FURTHER INFORMATION CONTACT: Carrie Morrison, Assistant Director,
Financial Management and Assurance, <a href="/cdn-cgi/l/email-protection#eba684999982988485a8ab8c8a84c58c849d"><span class="__cf_email__" data-cfemail="0a4765787863796564494a6d6b65246d657c">[email protected]</span></a> or (202) 512-
4689.
SUPPLEMENTARY INFORMATION: The Green Book Advisory Council includes
those knowledgeable in internal control drawn from Federal, State, and
local government; the private sector; and academia. The exposure draft
includes the Green Book Advisory Council's input regarding the proposed
changes. Since the Green Book was last revised in 2014, events such as
pandemics and cyber-attacks have highlighted the challenges management
faces when addressing risks related to fraud, improper payments,
information security, and the implementation of new or substantially
changed programs, including emergency assistance programs. This
proposed revision provides additional requirements, guidance, and
resources for addressing these risk areas when designing, implementing,
and operating an effective internal control system. Other changes are
made to continue harmonization with the Committee of Sponsoring
Organizations of the Treadway Commission's (COSO) Internal Control--
Integrated Framework and make other modifications to clarify the intent
of the requirements.
To ensure that your comments are considered by GAO and the Green
Book Advisory Council in their deliberations, please submit them by
August 26,2024. Please send your comments electronically to
<a href="/cdn-cgi/l/email-protection#13546176767d517c7c78507c7e7e767d67605374727c3d747c65"><span class="__cf_email__" data-cfemail="7d3a0f1818133f1212163e1210101813090e3d1a1c12531a120b">[email protected]</span></a>.
Authority:
31 U.S.C. 3512(c), (d).
James R. Dalkin,
Director, Financial Management and Assurance, U.S. Government
Accountability Office.
[FR Doc. 2024-13145 Filed 6-26-24; 8:45 am]
BILLING CODE 1610-02-P
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