Potomac Forum The Forum of Choice for Government & Industry Training Since 1982

The Forum of Choice for Government & Industry Training Since 1982

Enterprise Risk Management (ERM), Internal Controls, and Fraud Prevention in Government Training Workshop

What Federal Practitioners Need to Know to Convert Compliance Efforts into Program Advantage by Incorporating the Updated OMB Circular A-123 Requirements that Define Management's Responsibility for Internal Control and ERM

Tuesday, January 23, 2018

Details coming soon....

Tuesday, January 23, 2018

With the updated OMB Circular No. A-123 being issued over a year ago, this will be an advanced level internal control workshop focusing on what agencies and Departments have done the last year in relation to the requirements that defines management’s responsibility for internal control with an emphasis on integrating Enterprise Risk Management (ERM) and what they plan to do going forward. There will be a focus on best practices and what other agencies and Departments can to do move their ERM efforts forward.     


OMB Circular No. A-123 and the statute it implements, the Federal Managers’ Financial Integrity Act (FMFIA) of 1982, are at the center of Federal requirements to improve accountability in Federal programs and operations. A re-examination of the existing internal control requirements, originally issued in December 2004, for Federal agencies was initiated in light of the new Standards for Internal Control in the Federal Government (better known as the Green Book) issued by the U.S. Government Accountability Office (GAO) on September 10, 2014. The revised OMB Circular No. A-123 enhances the existing internal control framework to provide for stronger risk management, an enhanced governance model and improve operational efficiency.


This workshop is designed for the front-line practitioner, manager, or executive who is responsible for sustaining an effective internal controls program and who is charged in implementing the updated requirements of OMB A-123, including elements of ERM.


What You Will Learn: 

  • Practical Information from Practitioners – Not Theory
  • Presentations by experts with extensive, practical experience 
  • Information which will help you continue to implement the updated requirements of OMB Circular A-123
  • How to continue your ERM focus beyond 2017
  • Risk Management – how much is enough?
  • GAO Fraud Guide – discussion on this requirement and how it fits into internal control reviews


Why You Should Attend: 

With limited resources, federal agencies are focused on administering internal control programs that are efficient and effective, avoiding duplication and minimizing the burden on staff.  With several new requirements issued within the last three years around strengthening internal controls, risk management and fraud risk assessments; it is even more important to avoid duplication of efforts.


Participants will learn how to efficiently and effectively strengthen an internal control program while complying with the new requirements of OMB A-123, GAO Green Book, GAO Fraud Risk Assessment and ERM.  Participants will also gain an understanding of the evolution of internal controls, learn about emerging trends and best practices, and gain an understanding of a practical approach to assessing internal controls using a Governance, Risk and Compliance methodology. We will present very practical information about the federal government’s requirements for not only internal control programs, but integrating ERM and Fraud Risk management.  The focus of this workshop will be on efficiently meeting the updated internal control and risk management requirements in an efficient and effective way.


Who Should Attend: 

This workshop is limited to government employees only to permit candid discussion.


  • Financial management professionals
  • Internal controls program managers and team members
  • Program management professionals with internal controls responsibilities
  • Program management professionals with risk management responsibilities
  • Auditors
  • Internal controls steering committee members
  • Inspectors General and Staff
  • Chief Financial Officers and Staff
  • Chief Information Officers and Staff
  • Risk Management Staff
  • Chief Human Capital Officers, HR Managers and Staff
  • Managers, Directors and Senior Officials who have fiduciary or financial responsibilities



Registration and Continental Breakfast


Registration Information: 

  Early Bird Registration Fee AFTER November 11
Government Employees:
(Federal, State or Local Government Issued ID)
 $ $795
Special Reduced Rates in Support of Government Budget Reductions
 $ $895
Team Rate for Government: Send a government team to learn together. Register two government employees from the same office at the same time and the third person registers at $200 off the current government rate.


Cancellation Policy: 

Confirmed registrations who cancel within 3 business days of the program will be subject to a $250 cancellation fee. Registrations cancelled after the program starts are subject to the full registration fee. Substitutions can be made at any time. In the event a particular training workshop is cancelled, the liability of Potomac Forum, Ltd is limited to refund of any prepaid registration fee.

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