Internal Control Management
Office of Management and Budget (OMB) Circular A-123 defines management’s responsibility for internal control in Federal departments and agencies. In December 2004, OMB revised A-123 and introduced a new appendix, Appendix A, which prescribes a strengthened process to assess the effectiveness of the internal control over financial reporting.
Subsequently, OMB issued Appendix B, which requires Federal agencies to maintain internal controls that reduce fraud, waste, and error in government charge card programs, and Appendix C, which relates to the measurement and remediation of improper payments.
OMB Circular A-123, "Management's Responsibility for Internal Control"
- Circular A-123 and Appendix A, "Internal Control Over Financial Reporting" HTML (link to OMB Web site)
- Circular A-123 and Appendix A, "Internal Control Over Financial Reporting" PDF (link to OMB Web site)
- Appendix B, "Improving the Management of Government Charge Card Programs" PDF (link to OMB Web site)
- Appendix C, "Requirements for Effective Measurement and Remediation of Improper Payments" PDF (link to OMB Web site)
Implementation Guide for Appendix A
- Implementation Guide for Appendix A to OMB Circular A-123, Management’s Responsibility for Internal Control" PDF (link to Chief Financial Officers Council website) (July 2005)
Frequently Asked Questions for Appendix A
- Frequently Asked Questions Regarding Appendix A to OMB
Circular A-123, Management’s Responsibility for
Internal Control, PDF (link to OMB website)
(August 22, 2005)
Guidance for Conducting Acquisition Assessments
- Conducting Acquisition Assessments under OMB Circular A-123, PDF (link to OMB Web site)
Department of Commerce Circular A-123 Documents
- Implementation Plan for Implementing Appendix A, A-123, HTML
Implementation Plan for Implementing Appendix A, A-123, PDF - DOC Financial Processes/Cycle and Sub-Processes/Sub-Cycles, HTML
DOC Financial Processes/Cycle and Sub-Processes/Sub-Cycles, PDF - DOC Senior Management Council, HTML
- DOC Senior Assessment Team, HTML