In this episode of THE SAMPLE, Leita Hart-Fanta, CPA answers the question, “What is the GAO’s Green Book?” The Green Book’s formal title is Standards for Internal Control in the Federal Government and is a close copy of the COSO model.
The auditing profession has taught me several models that help me think – both professionally and personally. For instance, I can convince my husband that we need to eat less sugar using the elements of a finding. I can back up my rationale for why I don’t think my brother-in-law should move in with us […]
Objectives: Identify the purpose of the GAO’s Green Book. Distinguish between components of internal control. Distinguish between management objectives Choose a finite subject matter on which to apply controls Identify the auditor’s responsibilities regarding application of the Green Book Most of the changes between the 2011 Yellow Book and the 2018 Yellow Book that we […]
What’s the matter with the crowd I’m seeing? “Don’t you know that they’re out of touch?” Should I try to be a straight-A student? “If you are then you think too much. Don’t you know about the new fashion, honey? All you need are looks and a whole lot of money?” It’s the next phase, […]
Once there were parking lots Now it’s a peaceful oasis You’ve got it, you’ve got it This was a Pizza Hut Now it’s all covered with daisies You got it, you got it I miss the honky tonks, Dairy Queens, and 7-Elevens You got it, you got it And as things fell apart Nobody paid […]
When I was younger, I was often unpleasantly surprised to find out that responsibilities have layers. I thought I had gone through the final step… but no! Instead I realized there was another step, another layer of complexity that needed to be embraced. And then I found another layer and another layer. I remember one […]