Speaking Engagement
UNC School of Government’s Effective Internal Controls for Local Governments
May 24, 2023
Cherry Bekaert’s Danny Martinez and Richard Hart will discuss how internal controls are evaluated during the audit process.
Effective Internal Controls for Local Governments
Date: Wednesday, 24 May 2023 at 10:45-12:15pm
All local governments are at risk of fraud, such as asset misappropriation, financial statement fraud, and acts of collusion. Weak anti-fraud controls often directly contribute to allowing these acts of fraud to occur. Moreover, repeated internal control breakdowns and failures in accounting and financial management processes can land a unit on the Local Government Commission’s watchlist. It is therefore essential that local governments have a proper internal control framework in place that promotes efficient operations and guards against risks of fraud, misuse, waste, and abuse.
During this two-day course, participants will learn how to apply the five components of internal control outlined in the GAO’s “Green Book” to implement strong and effective internal control systems. This course will focus on how to design control activities that promote effective business operations and explore how to implement strong internal controls over federal grant funds, including the ARP/CSLFRF award.
Speakers
Danny Martinez, CPA, CGFM | Government & Public Sector Accounting Advisory Lead, Cherry Bekaert
Richard Hart, CPA | Senior Manager, Cherry Bekaert