Where To Turn home page
 CalendarCalendar   FAQFAQ   SearchSearch   MemberlistMemberlist   UsergroupsUsergroups  ResourcesResources   RegisterRegister 
 ProfileProfile   Log in to check your private messagesLog in to check your private messages   Log inLog in 
Calendar 
Calendar eventCalendar
Wed Apr 26
Thu Apr 27
Fri Apr 28
Sat Apr 29
Sun Apr 30
Mon May 01
Tue May 02
DHS Continues Efforts to Improve Internal Controls

 
Post new topic   Reply to topic    Where To Turn Forum Index -> Press Releases
View previous topic :: View next topic  
Author Message
DMCKEON
Site Admin


Joined: Mar 17, 2005
Posts: 22572
Location: Staten Island

PostPosted: Fri Feb 24, 2006 8:05 pm    Post subject: DHS Continues Efforts to Improve Internal Controls Reply with quote

DHS Continues Efforts to Improve Internal Controls Over Financial Reporting

For Immediate Release
Office of the Press Secretary
Contact: 202-282-8010
February 24, 2006

The Department of Homeland Security (DHS) announced its latest effort to promote internal controls over financial reporting by awarding a blanket purchase agreement to PricewaterhouseCoopers LLP for up to $7.6 million, with a potential 5-year value of up to $42.4 million. PricewaterhouseCoopers LLP will provide assistance in the department’s assessment of internal controls over financial reporting.

“Effective internal control is the key to accountability” said Andrew Maner, the department’s Chief Financial Officer. “The DHS Financial Accountability Act imposes profound challenges to us—DHS is the first cabinet department required to have an audit of its internal controls over financial reporting. We look forward to working with the Congress, the Office of Management and Budget, the Government Accountability Office, and the Inspector General’s Office to demonstrate our commitment to the Act, and to be a leader in our controls implementation that sets an example for other agencies to follow.”

Initial efforts began last year that included establishing responsibilities over internal controls across DHS, a series of pilot projects to document control and correct weaknesses, and the completion of the U.S. Government Accountability Office’s Internal Control Management and Evaluation Tool across the Department.

The president’s fiscal year 2007 budget request includes a total of $35.5 million to support department-wide financial management improvements, including $19 million to continue improving financial management systems through eMerge2 and $16.5 million to remediate financial management weaknesses and undertake an audit of internal controls over financial reporting.
Back to top
View user's profile Send private message
Display posts from previous:   
Post new topic   Reply to topic    Where To Turn Forum Index -> Press Releases All times are GMT - 5 Hours
Page 1 of 1

 
Jump to:  
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum
You cannot attach files in this forum
You can download files in this forum


Powered by phpBB © 2001, 2005 phpBB Group

 
Credits | Contact Us | Privacy Policy