SlideServe
Télécharger Obtenir Pro
Menu
Accueil Pro
Préférences
ApparenceLight Aide et commentaires
© SlideServe · v2026

Yet Another Presentation on Risk

goro avatar
goro
15 diapositives · 329 Views · Jul 20, 2014

Yet Another Presentation on Risk. US Department of Education Phil Maestri. 2012 AEFFA Annual Conference Nashville Tennessee. When Can You Get off High-risk?. Audits on time Clean opinions Minimal findings Working controls Subgrantee monitoring. Metro Nashville Public Schools.

#yet another presentation on risk #yet another presentation on risk ppt #powerpoint #presentation
Yet Another Presentation on Risk - slide 1
01 / 15Yet Another Presentation on Risk
1 / 17

Télécharger la présentation

Yet Another Presentation on Risk
Une image / un lien ci-dessous est fourni (tel quel) pour télécharger la présentation

Politique de téléchargement : le contenu du site vous est fourni TEL QUEL pour votre information et votre usage personnel ; il ne peut être vendu, concédé sous licence ni partagé sur d’autres sites sans l’accord de son auteur.Le contenu vous est fourni TEL QUEL, pour votre information et votre usage personnel uniquement. Téléchargez la présentation en cliquant sur ce lien. Lors du téléchargement, si vous ne parvenez pas à télécharger une présentation, l’éditeur a peut-être supprimé le fichier de son serveur.Pendant le téléchargement, si vous ne parvenez pas à obtenir une présentation, le fichier a peut-être été supprimé par l’éditeur.

F I N

Plus de contenu associé

Transcription de la présentation

  1. Yet Another Presentation on Risk US Department of Education Phil Maestri 2012 AEFFA Annual Conference Nashville Tennessee

  2. When Can You Get off High-risk? • Audits on time • Clean opinions • Minimal findings • Working controls • Subgrantee monitoring

  3. Metro Nashville Public Schools • April 28, 2008 – high risk designation • Partnership with TDE • Re-establish financial and procurement systems • New and strong internal controls • November 18, 2011 • MOA agreed to continuing actions • Removed HR designation

  4. New Expectations • Risk-based analysis • Data-driven decision making • Financial-focused monitoring

  5. What’s the Point of Risk Assessment? • Not to rank or rate for punishment • Identify • What do we do next? • Who needs help? • Best use of scarce resources • Remove obstacles to mission achievement

  6. Risk Predictors RMS’ new tool

  7. Measure Success Align with strategic plan Needs for T/A or oversight Financial Monitoring Gathers data Decisions across programs Program Risk Elements

  8. Why Financial Monitoring? • Always been a requirement of program offices • EDGAR Part 80 financial system requirements • Assurances you signed • Increased attention on accountability

  9. Challenges at ED • Lack of resources • Programs lack financial expertise • Lack of standardized protocols across programs

  10. What’s Happening Now? • Increased attention by program offices on financial monitoring • Training within ED on financial monitoring skills • Some offices use contractors • Whole new set of challenges

  11. Where We’re Headed • Standard protocol for financial monitoring • Potentially only one program looks at financial issues and shares findings across programs • Reduce redundancy for you • Reduce burden for both

  12. Financial Monitoring Highlights • Review of policies • Funds distribution • Indirect cost rates and calculations • Cash management and interest earned • Procurement and property management • Time distribution • Internal controls

  13. Next steps • Not finalized yet • Solicit informal comments • Procedures within ED

  14. Want to Help? • Contact: • Jeanette Lim: Jeanette.lim@ed.gov • Iyauta Moore: Iyauta.moore@ed.gov • Phil.maestri@ed.gov

  15. Questions?