The Green Book Explained

Understand and apply the federal government’s internal control standards under the Green Book. This course explains the five components of a comprehensive internal control system and the 17 underlying principles that support them. It translates the formal guidance into practical steps, enhanced by detailed tips, annotations, and examples. By connecting theory to implementation, the course equips you to design and evaluate a well-structured internal control framework for governmental entities.

Format

PDF Course

Course Lists

Duration

2 Hours

Course Information

Author: Steven Bragg

Course Number: AU1036

Learning Objectives

Recognize the principles of internal control on which the Green Book is based.
Identify how a system of internal controls assists an entity.
Specify the responsibilities for a system of internal controls.
Recognize how control deficiencies are evaluated.
State the uses of a contingency planning system.
Specify how employees are made responsible for internal controls.
Identify the responses to identified risks.
Recognize the components of the fraud triangle.
Specify the differences between different levels of controls.

Level: Overview

Instructional Method: QAS Self-Study

NASBA Category: Auditing

Prerequisites: None

Advance Preparation: None

Latest Review Date: November 2024

Program Registration Requirements: Click on the Enroll button to pay for and access the course. You will then be able to download the course as a PDF file, then take an on-line examination, and then download a certificate of completion if you pass the examination.

Program Refund Policy: For more information regarding administrative policies concerning complaints, refunds, and other matters, see our policies page.

AccountingTools, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have the final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

The NASBA sponsor identification number for Accountingtools, Inc. is 115881.

AccountingTools is an IRS Approved Continuing Education Provider. We are compliant with the requirements for continuing education providers (as described in sections 10.6 and 10.9 of the Department of Treasury’s Circular No. 230 and in other IRS guidance, forms, and instructions). Our IRS Approved Continuing Education Provider number is 72821.