How do we keep our teams engaged and inspired to work at their full potential during the age of COVID-19? When anxiety and uncertainty pervade every conversation, how do we keep reaching for the next best idea?
We need healthy bodies, minds, and spirits for energy and clear-headedness. But how do leaders break through the ubiquitous noise of anxiety to deliver a message of hope?
Because we are all bombarded with devastating messages in the news, hearing leaders at work say, “there is nothing to worry about; we’ve been through things like this before;” breeds resentment and mistrust. Leaders are better served to acknowledge the current reality and communicate honestly with hope to engender trust and respect.
Tag: Internal Control
Strengthening Internal Control Programs through Robotic Process Automation
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Read MoreDue to the ever-increasing complexity of the federal government, agencies are utilizing innovative technologies to streamline their processes and support their missions. Doing so requires strengthening internal control programs and being intentional about incorporating innovations such as Robotic Process Automation (RPA) to create efficient, mission-driven federal agencies.
Lead with Hope and Optimism During COVID-19
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Read MoreHow do we keep our teams engaged and inspired to work at their full potential during the age of COVID-19? When anxiety and uncertainty pervade every conversation, how do we keep reaching for the next best idea?
We need healthy bodies, minds, and spirits for energy and clear-headedness. But how do leaders break through the ubiquitous noise of anxiety to deliver a message of hope?
Because we are all bombarded with devastating messages in the news, hearing leaders at work say, “there is nothing to worry about; we’ve been through things like this before;” breeds resentment and mistrust. Leaders are better served to acknowledge the current reality and communicate honestly with hope to engender trust and respect.
The Five Components of Internal Control
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Read MoreBelieve it or not, internal control is your job, too! In fact, it is mandated by the Budget and Accounting Procedures Act of 1950, which required agencies to establish systems of internal control. The Federal Managers Financial Integrity Act of 1982 strengthened this system by requiring agency heads to report annually according to prescribed internal control standards and guidance of the Government Accountability Office (GAO) and Office of Management and Budget (OMB). There are five components of internal control, 17 associated principles, and 47 attributes. This article will focus primarily on the five components.
Knowledge Check – Internal Controls
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Read MoreSimply stated, internal controls are like mom’s house rules. If you want things to run smoothly, you must follow these processes and procedures. If you fail to do so, you will face serious consequences. The main difference between mom’s house rules and the Government Accountability Office’s (GAO’s) Standards for Internal Control in the Federal Government is that instead of being grounded and losing privileges, noncompliance with internal controls can lead to fraud, misappropriation of assets, and misuse of funding.
Tracking Timesheets under 2 CFR 200
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Read MoreOne of the most important, and often misunderstood, change under 2 CFR 200 the Uniform Guidance: Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) is the new reporting requirements for employee compensation, found at 2 CFR 200.430.