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 OBO ICS 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