Internal control
Related topics:
These resources help state agencies fulfill internal control requirements in Chapter 20 of the State Administrative & Accounting Manual (SAAM).
Examples of Risk assessments
- OFM General Risk Assessment
- OFM Capital Assets
- OFM Cash Handling
- OFM Control Environment
- OFM Expenditures Payables
- OFM Federal Assistance
- OFM Financial Reporting
- OFM Information Technology
- OFM Inventories
- OFM Payroll
- OFM Petty Cash
- OFM Reconciliations
- OFM Revenues and Receivables
Service Organization Control (SOC) reports
- AICPA SOC Overview
- AICPA Comparison of SOC Reports
- AICPA How to Use a SOC 2 Report
- AICPA Trust Service Principles, Criteria and Illustrations (used in a SOC 2 Report)
- KPMG Effectively Using SOC Reports (This is lengthy but is recommended for its plain talk discussion.)
Fraud prevention
- Association of Certified Fraud Examiners Website
- Association of Certified Fraud Examiners Fraud Manual on Employee Embezzlement
- Managing the Business Risk of Fraud (Nov. 12, 2017)
Related links
- COSO Guidance on Internal Control
- GAO Standards for Internal Control in the Federal Government (Green Book, Sept. 2014)
- SAAM chapter 70.75, Suspected Losses of Public Funds or Property
- RCW 43.09.185, Loss of public funds-Illegal activity-Report tostate auditor's
Other links
- The Committee of Sponsoring Organizations of the Treadway Commission (COSO)
- The Updated COSOS Internal Control Framework
- Internal Control Management and Evaluation Tool (GAO, August 2001)
- GFOA Internal Controls Resource Center
- GAO Standards for Internal Control in the Federal Government (Green Book, Sept. 2014) – The Green Book is issued by the Comptroller General in the Governmental Accountability Office for the federal government community. It adapts the COSO principles for a government environment. This publication is for federal agencies, but may also be adopted by state and local governmental entities as a framework for an internal control system. Management of an entity determines, based on applicable laws and regulations, how to appropriately adapt the standards presented in the Green Book as a framework for the entity (Green Book).