Title Details

EDWARD F. KEARNEY, CPA, CGFM, is an author of Federal Government Auditing and the Managing Partner of Kearney & Company. His experience includes federal financial statement audits, accounting assistance, and federal management information systems consulting.

ROLDAN FERNANDEZ, CPA, CGFM, is an author of Federal Government Auditing and is the Technical Quality Control Partner with Kearney & Company on financial statement audits, internal control evaluations, and accounting assistance engagements for federal departments and agencies.

JEFFREY W. GREEN, CPA, is a partner with Kearney & Company and has seventeen years of experience providing accounting, auditing, and consulting services to federal and private sector clients.

MICHAEL J. RAMOS, CPA, author of Wiley Practitioner's Guide to GAAS 2006, How to Comply with Sarbanes-Oxley Section 404 and The Sarbanes-Oxley Section 404 Implementation Toolkit (all published by Wiley), is a consultant in auditing and accounting technical matters. He has written non-authoritative practice aids, implementation guides, training programs, and authoritative AICPA audit and accounting guides.

1. Federal Managers’ Financial Integrity Act of 1982 and Sarbanes-Oxley Act of 2002: An Overview.

Appendix 1A. Action Plan: Structuring the Project.

Appendix 1B. Requirements for Management’s Assessment Process: Cross-Reference to Guidance.

2. Internal Control Criteria.

3. Internal Control Assessment: Project Planning.

Appendix 3A. Action Plan: Project Planning .

Appendix 3B. Summary of Planning Questions.

4. Identifying Significant Control Objectives.

Appendix 4A. Action Plan: Identifying Significant Control Objectives.

Appendix 4B. Example Significant Control Objectives.

Appendix 4C. Map to the COSO Framework.

Appendix 4D. Map to the Auditing Literature.

Appendix 4E. Working with the Independent Auditors: Lessons Learned from the Initial Implementation of Sarbanes-Oxley.

5. Documentation of Significant Controls.

Appendix 5A. Action Plan: Documentation.

Appendix 5B. Evaluating the Design and Implementation  of Automated Compliance Tools.

Appendix 5C. Linkage of Significant Control Objectives to Example Control Policies and Procedures.

6. Testing and Evaluating Entity-Level Controls.

Appendix 6A. Action Plan: Testing and Evaluating Entity-Level Controls.

Appendix 6B. Survey Tools.

Appendix 6C. Example Inquiries of Management Regarding Entity-Level Controls.

Appendix 6D. Guidance for Designing a Computer General Controls Review.

7. Testing and Evaluating Activity-Level Controls.

Appendix 7A. Action Plan: Documentation.

Appendix 7B. Example Inquiries.

8. Reporting.

Appendix 8A. Examples of Current Private Industry Practices.

Index.