Enterprise Risk Management in the Federal Government: OMB Circular A-123
Learning objectives

In this course, the participant will gain a perspective of how federal agencies are to implement Enterprise Risk Management into their strategic planning and consideration of internal control in accordance with OMB Circular A-123. At the conclusion of this session you will be able to:

  • Recognize the history of Internal Control in the federal government
  • Identify the requirements contained within OMB Circular A-123
  • Identify key components of Enterprise Risk Management
  • Recognize key elements of the Agency Risk Profile
  • Recognize key objectives, components, and principles of internal control required by GAO Internal Control Standards in the federal government
  • Identify key steps in assessing, correcting weaknesses, and reporting on internal control
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Instructor bio

John Lord, CPA, is the State of California’s Regional Lead Faculty for Becker Professional Education. In addition to teaching live CPA classes primarily in the San Francisco, California area, John is responsible for helping to recruit, train, and develop CPA instructors throughout the State. During his almost 16 years with Becker, John has become one of the organization's most popular and effective instructors - nationwide. His expertise on the exam, commitment to his students, and real world experience are all qualities his students cite as keys to their own success on the CPA exam. John is also an Adjunct Professor at Golden Gate University in San Francisco, CA as well as a national instructor for Becker’s Continuing Professional Education focusing on governmental accounting and auditing topics. For nearly 23 years, John has also served as a Senior Audit Manager for the Government Accountability Office which is the audit, evaluation, and investigative arm of the U.S. Congress. In his capacity with the GAO, John has led audits of the Bureau of Public Debt and IRS. He has also led work with the GAO reviewing the accounting and auditing standards setting process in the United States where he was actively involved with the Auditing Standards Board and Financial Accounting Standards Board. John holds a Bachelors of Science Degree from the California State University in Hayward, California and is an active U.S. Certified Public Accountant (California) and a former President of the Association of Latino Professionals in Finance and Accounting.

National Registry of CPE Sponsors

A Becker Professional Education 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 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

Becker Professional Education Sponsor I.D. Numbers NASBA: 107294, New York: 002087, New Jersey: 20CE00226700, Texas: 009580, Ohio: CPE.186, Illinois 158.002405, Pennsylvania: PX177823

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