The Green Book Explained
The 2014 Green Book (which is the most recent update) contains the latest version of the federal government’s standards for internal control, which is used by federal agencies and other government entities. These standards identify the five components of a comprehensive system of internal controls, as well as the 17 principles upon which those components are based. It is the essential tool for the development of a solidly-constructed system of internal controls. In the Green Book Explained course, we summarize the contents of the Green Book, while also inserting many tips, notations and examples along the way to clarify how it is to be used.
Format
PDF Course
Level
Overview
Duration
2 Hours
Course Information
Author: Steven Bragg
Course Number: AU1036
Learning Objectives
- Recognize the principles of internal control on which the Green Book is based.
- Identify how a system of internal controls assists an entity.
- Specify the responsibilities for a system of internal controls.
- Recognize how control deficiencies are evaluated.
- State the uses of a contingency planning system.
- Specify how employees are made responsible for internal controls.
- Identify the responses to identified risks.
- Recognize the components of the fraud triangle.
- Specify the differences between different levels of controls.
Level: Overview
Instructional Method: QAS Self-Study
NASBA Category: Auditing
Prerequisites: None
Advance Preparation: None
Latest Review Date: November 2024
Program Registration Requirements: Click on the Enroll button to pay for and access the course. You will then be able to download the course as a PDF file, then take an on-line examination, and then download a certificate of completion if you pass the examination.
Program Refund Policy: For more information regarding administrative policies concerning complaints, refunds, and other matters, see our policies page.