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: Converting Compliance into Program Advantage

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 Enterprise Risk Management (ERM)

Tuesday, January 23, 2018

Details coming soon....

Tuesday, January 23, 2018

Meeting Location: 
Willard InterContinental Hotel

Willard Intercontinental Hotel
1401 Pennsylvania Avenue N.W.
Washington 20004
United States

Metro Center (Red, Orange, Blue Lines). Use the exit marked “12th & F Sts” to exit onto F St., then continue straight two blocks and cross 14th St.


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


Welcome and Introduction


Art Chantker, President, Potomac Forum, Ltd 


Workshop Overview, Objectives and Training Expectations


Wendy Morton-Huddleston, Principal, CGFM, PMP, Risk Advisory Services, Grant Thornton



Keynote Speaker


Keynote speaker awaiting agency approval.



Key Elements of the Government Accountability Office (GAO)’s Fraud Risk Management Guide and Requirements under the Fraud Reduction and Data Analytics Act

- Overview of GAO’s framework and requirements in the Fraud Reduction and Data Analytics Act

- GAO Green Book Principle #8 “Management should identify, analyze, and respond to risks related to achieving the defined objectives”

- Did Agencies/Departments comply with the requirements for fiscal year 2017 financial reporting requirements?


Linda Miller, Director, Grant Thornton (Former Assistant Director, Forensic Audits and Investigative Services, GAO)



Refreshment Break



ERM Frameworks – How to leverage them effectively

-Hear from a member of the  Committee of Sponsoring Organizations of the Treadway Commission Update to ERM Framework, Enterprise Risk Management -Integrating with Strategy and Performance completed in June 2017


The updated framework offers a perspective on current and evolving concepts and applications of ERM to meet evolving business demands and offers different viewpoints and operating structures to enhance strategies and decision-making.


Moderator:  Chris Hare, Senior Manager, Risk Advisory Services, Grant Thornton



-Bailey Jordon, Partner, Risk Advisory Services, Grant Thornton


Additional panelists awaiting agency approval.


Working Lunch – What work can be leveraged?

-Hands on exercise walking through the five components of COSO’s Enterprise Risk Management Framework

·         Governance & Culture

·         Strategy & Objective-Setting

·         Performance

·         Review & Revision

·         Information, Communication & Reporting


- Denise Lippuner, CGFM, CPA, Partner, Risk Advisory Services, Grant Thornton

- Meaghan Duffy, Manager, Risk Advisory Services, Grant Thornton



ERM and Strategy Integration Best Practices

-Hear real life examples of how agencies are linking strategy and performance to their ERM efforts


Moderator:  Bobbi-Jo Pankaj, Director, Grant Thornton


Panel Members:

- Curtis McNeil, Enterprise Risk Program Manager, Architect of the Capitol, Office of the Chief Financial Officer

- Chad Nieboer, Chief Strategist and Risk Officer, United States Marshalls Service

- INVITED: Karen Hardy, Deputy Chief Risk Officer at U.S. Department of Commerce and former risk management policy senior advisor to the Office of Management and Budget (OMB)



Refreshment Break



The relationship between Internal Controls and ERM-Hear from a Federal ERM and Internal Control expert on factors that can help you have a successful ERM Program

·         What efforts can be leveraged

·         Guidance, Research and Thought Leadership

·         Training

·         AGA ERM Hub


Moderator:  Calandra Layne, PMP, Senior Manager, Risk Advisory Services, Grant Thornton


Panel Members:

- Mike Wetklow, Deputy Chief Financial Officer, National Science Foundation (NSF)


Additional panelists awaiting agency approval.


Cyber Security Risk Management

-Introduction to the National Institute of Technology and Standards (NIST) Cybersecurity Framework (CSF) and the end-to-end cyber risk cycle

-Discuss best practices and available tools to quantify cyber risk maturity, threat vectors, and priorities at both a program and enterprise level


Dave Simprini, Principal, CISA, CDFM, CSPO, Risk Advisory Services, Grant Thornton



Feedback on Class Expectations, Observations, Conclusions

-Were Objectives Met?

-Class Feedback


Wendy Morton-Huddleston, Principal, CGFM, PMP, Risk Advisory Services, Grant Thornton



Workshop Adjourns



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.



Bobbi-Jo Pankaj, CGFM, PMP


Global Public Sector

Grant Thornton LLP


Mrs. Pankaj is a Director in Grant Thornton Global Public Sector with over fifteen years’ experience in financial management and systems review and implementation in the public and private sector. She is a Certified Governmental Financial Manager (CGFM) and Project Management Professional (PMP). For the past eleven years she has focused on internal controls, risk management, process documentation, and training with an emphasis on OMB Circular A-123, Appendices A, B and C at organizations such as the Department of Transportation (DOT), United Stated Department of Agriculture (USDA), United States Patent and Trade Office (USPTO), National Aeronautics and Space Administration (NASA) and Department of Veterans Affairs (VA).  In addition to internal controls, Ms. Pankaj also has experience in COTS system implementations, requirements gathering, business process reengineering, process improvement strategy, and development of policies and procedures.

Linda Miller


Grant Thornton

(Former Assistant Director, Forensic Audits and Investigative Services, GAO)

Linda Miller is a Director in Grant Thornton’s Public Sector practice. Prior to joining Grant Thornton, Ms. Miller spent 10 years as an Assistant Director with GAO’s Forensic Audits and Investigative Services team where she led work examining a variety of homeland security issues, such as transportation and border security, as well as fraud in programs across the federal government. Ms. Miller was the principle author of GAO’s recently issued Framework for Managing Fraud Risks in Federal Programs, which describes leading practices that agency managers can use to develop a strategic, risk-based approach to assessing and mitigating fraud in their programs. Ms. Miller holds a Master’s degree in Public Policy from The George Washington University and is a former Olympic athlete in the sport of rowing.

Wendy Morton-Huddleston


Grant Thornton LLP


Wendy Morton-Huddleston is a Principal in Grant Thornton’s Public Sector practice with over 17 years of experience. As a Financial Management Advisory, Brand and Solution Leader, Wendy advises Public Sector clients on financial management transformation, strategic planning and enterprise risk management. Wendy is the current President of the Association of Government Accountants (AGA) Washington, DC Chapter and an executive sponsor for the Women at Grant Thornton and Allies Business Resource Group (BRG) and promotes the mission of recruitment, retention and advancement of women into leadership positions.   


Wendy is a Certified Government Financial Manager (CGFM) and Project Management Professional (PMP). Wendy holds a B.S. in Finance - Norfolk State University, MBA in Management, M.S in Finance – University of Maryland and an Executive Leadership Certificate from Cornell University. Wendy is a member of the American Institute of Certified Public Accountants, National Association for Female Executives, and the Project Management Institute. 



Association of Government Accountants Journal of Government Financial Management, Winter 2016.  Sustaining Improper Payment Prevention Programs.


Association of Government Accountants Journal of Government Financial Management, Summer 2016.  Rolling the Dice with that Government Card?  Not so Fast. 


Journal of the National Grants Management Association - Spring 2016.  Government Accountability Office (GAO) Standards for Internal Control in the Federal Government (Green Book) and Grants Management Lifecycle Examples.




Chris Hare, PMP, CGFM, CRMA

Senior Manager
Global Public Sector
Grant Thornton LLP


Mr. Hare is a Senior Manager in Grant Thornton's Global Public Sector. He has a background in financial management with a broad knowledge of internal controls, risk management, federal financial management, financial management systems, enterprise risk management, federal regulations and processes. Mr. Hare is a Project Management Professional (PMP), a Certified Governmental Financial Manager (CGFM) and holds a Certification in Risk Management Assurance (CRMA). He has over twelve years of consulting experience with more than eleven of those years in the public sector arena of financial and risk management working with organizations such as the Department of Veterans Affairs, Centers for Medicare and Medicaid, National Institutes of Health, Administrative Office of the US Courts, General Services Administration (GSA), and the Department of Justice (DOJ). He holds a degree in Finance from the College of William and Mary and speaks and writes regularly on the topics of risk management and internal controls.

Denise Lippuner


Grant Thornton


Denise Lippuner is a partner at Grant Thornton and is responsible for leading its Public Sector Financial Management Advisory Services. She began her career with the Government Accountability Office performing pre-CFO Act audits, which inspired her to help public sector organizations improve their financial management processes. Prior to joining Grant Thornton, Denise was a partner at IBM Global Business Services where she led their Public Sector Risk and Compliance Practice. She also worked at PwC, Coopers and Lybrand and Pricewaterhouse as a consultant and an auditor. Denise is a co-author of Managing Public Dollars, has presented at numerous conferences as a speaker on financial and risk management, and has contributed to several research papers and articles. In addition, she has been a reviewer for the Association of Government Accountants (AGA) Certificate of Excellence in Accountability Reporting (CEAR) Award Program. Denise graduated from Virginia Tech with a BS in Accounting and is a CPA and CGFM.

Calandra Layne, PMP

Senior Manager,

Grant Thornton LLP

Calandra Layne is a Senior Manager in Grant Thornton’s Global Public Sector. She has over thirteen years of experience in Federal financial management. Calandra oversees project teams at agencies within the Federal Civilian and State & Local sectors, wherein she provides internal controls, enterprise risk management, audit readiness, improper payments, and business process improvement services. Calandra is a Project Management Professional (PMP) and holds a B.S. in Accounting from George Mason University.

David Simprini

Grant Thornton LLP

Mr. Simprini has experience auditing NIST-governed IT controls, Federal Information System Controls Audit Manual (FISCAM) controls, A-123 Controls, Sarbanes-Oxley compliance controls, segregation of duties, data migration, Enterprise Resource Planning (ERP) implementations, performance audits, and internal audit functions for clients from a broad spectrum of industries including Aerospace and Defense, Financial Services, Entertainment and Media, and Technology. He also has experience in planning integrated Federal financial audits, executing all phases of field work. As the lead IT Manager on the first independent external financial statement audit of any kind for the USMC, Mr. Simprini assisted with the planning and development of the overall audit approach, scoping assessment, and modified FISCAM IT test program. Throughout the testing phase, he led teams in field work at USMC financial centers and their associated financial and reporting IT Systems.

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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