|
Indicator: 3.4.2
[Qualitative::Input_Processing]
Measurements in/of Bureaus/offices that establish and maintain an effective, risk-based internal control environment.
Relationships:
Other Information:
PERFORMANCE HIGHLIGHTS In FY 2010 the FTC developed an Internal Control Review Plan to conduct internal control reviews of
agency bureaus and offices at least once every three years. The objective of the reviews is to assist management in identifying
high risk areas and implement appropriate risk management strategies where necessary.
| Type |
Target |
Target |
Target |
Actual |
Target |
Actual |
Target |
Actual |
Target |
Target |
| StartDate |
2005-10-01 |
2006-10-01 |
2007-10-01 |
2007-10-01 |
2008-10-01 |
2008-10-01 |
2009-10-01 |
2009-10-01 |
2010-10-01 |
2011-10-01 |
| EndDate |
2006-09-30 |
2007-09-30 |
2008-09-30 |
2008-09-30 |
2009-09-30 |
2009-09-30 |
2010-09-30 |
2010-09-30 |
2010-09-30 |
2011-09-30 |
| Percentage |
|
|
|
|
|
|
100 |
100 |
100 |
100 |
| Description |
n/a |
n/a |
n/a |
n/a |
n/a |
n/a |
100.0% |
Target Met. The Statements of Assurance (SOA) submitted by the agency’s major components provide the basis for the measurement
of the effectiveness of the FTC’s risk-based internal control environment. Each component completed questionnaires specific
to its functions that addressed the Government Accountability Office’s, “Standards of Internal Control” and other internal
documentation supporting the SOA. The information was reviewed by the agency’s internal control management. In addition, the
Financial Management Office conducted the first two reviews in accordance with its Internal Control Review Plan. Based on
the SOAs and these internal reviews, this performance measure is met by 100% of the Bureaus/ Offices. Data Source: The Statements
of Assurance submitted by the agency’s thirteen major component
|
|
|
|
