The objective of the OCIO Internal Controls program is to assist in safeguarding assets and in preventing and detecting errors and fraud. On this site visitors will find information on the OCIO Internal Controls program, relevant authorities and component Internal Control contacts.
The four basic functions of management are usually described as planning, organizing, leading, and controlling. Internal control is what is meant when discussing the fourth function—controlling. Adequate internal controls allow managers to delegate responsibilities to staff and to contractors with reasonable assurance that what they expect to happen, actually does happen. Internal control is an integral part of managing an organization. It comprises the plans, methods, and procedures used to meet missions, goals, and objectives, and, in doing so, supports performance-based management systems. In short, internal control, which is synonymous with management control, helps managers achieve their desired results and objectives.
Internal control consists of all the measures taken by an organization to:
- Protect its resources against waste, fraud, abuse, misuse, and inefficiency;
- Ensure accurate and reliability in accounting and operating data;
- Ensure compliance with the policies of the organization; and
- Evaluate the level of performance in all units of the organization.
Links to Authorities and Policies
Federal Managers’ Financial Integrity Act (FMFIA) of 1996.
- Circular A-123
USDA Management Control Directive (2013)
USDA Management Control Manual (2002)
Audit Follow-up and Management Decision Directive (2011)