Management's Guide to Risk Management and Internal Control (In PDF format, all documents including cover, follow table of contents)

Power Point presentation delivered on August 29,2007

House Bill No. 4118

• Part 1
• Part 2
• Part 3

Report Checklist in Word Format

Management Report in Word Format

Guidance For Implementing The Financial Integrity Act Guidelines Established By The Deparmtent Of Finance And Administration For Reports Due December 31, 2008.

Departments should use the Risk Management and Internal Control guidelines issued in August of 2007 by the Department of Finance and Administration. The ultimate objective of these guidelines is to provide a tool that facilitates an assessment encompassing the reliability and integrity of financial and operational information; safeguarding of assets; and compliance with laws, regulations, grant agreements and contracts. It is important that management provide evidence that it has interpreted and applied a risk-based approach to arrive at the determination that controls are operating effectively.

Documents that should be submitted:

1. Report Checklist,
2. Section VI worksheets or other department-specific formatted documents listing risks and their related controls,
3. Management Report.