Transcript Document
Office of Business Oversight
Department of Veterans Affairs
A-123, Appendix A
Review Program
Presented by
Joseph Bauernfeind, Director
May 8, 2007
Overview
1. VA’s Story
2. Office Of Business Oversight
3. Why Vest Internal Controls in an Internal Audit
Organization?
4. Business Review Integration
5. Systems Review Integration
6. Results
1
OBO
ICS
VA’s Story
2
VA adopted a three year A-123, Appendix A
implementation cycle
After 1st Year of implementation, A-123, Appendix A
program office was realigned
Goal to increase focus, heighten effectiveness and
leverage resources
OBO
ICS
Office of Business Oversight (OBO)
OBO
Director
Systems Quality
Assurance Service
Management Quality
Assurance Service
- System Quality Assurance
-Capital Asset Management Assurance
- Financial Controls
- System Testing
- Acquisition and Logistics Assurance
-System Controls
- Health Care Financial Assurance
- Remediation
- Benefits Financial Assurance
3
Internal Controls
Service
OBO
ICS
Why Vest Internal Controls in an
Internal Audit Organization?
4
Aligned directly under Department CFO
Leverage internal audit resources
Gain efficiencies
Increase objectivity and independence
Reduce burden on the field operations
OBO
ICS
Business Review Integration
5
Leverage program knowledge
Rely on existing review activities for testing
Coordinate engagements throughout the year
Assist in remediation actions
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Systems Review Integration
6
Identify material IT systems
Prepare process narratives containing both functional
and systems components
Identify systems controls to be tested
Perform testing concurrently
Prepare report containing both A-123 and A-127 internal
control findings
Have a common remediation process
OBO
ICS
Results
7
Too early to tell but preliminary results seem promising
OBO
ICS