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EXECUTIVE OFFICE OF THE PRESIDENT OFFICE OF MANAGEMENT AND BUDGET WASHINGTON, D.C. 20503 THE DIRECTOR January 15, 2009, CIRCULAR NO. A-123, Appendix B Revised TO THE HEADS OF EXECUTIVE DEPARTMENTS
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Who needs OMB Circular A-123 Appendix:
01
Federal agencies in the United States that are subject to OMB Circular A-123 are required to complete the appendix. This includes executive departments, independent agencies, and other entities specified in the circular.
02
The appendix is particularly relevant for agencies responsible for financial management, internal controls, and accountability.
03
Compliance with OMB Circular A-123 is essential for ensuring effective risk management, internal control systems, and financial integrity within federal agencies. The appendix helps evaluate and document these aspects.
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OMB Circular A-123 Appendix is a guideline issued by the Office of Management and Budget (OMB) that provides standards for internal controls in federal agencies.
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Federal agencies are required to file OMB Circular A-123 Appendix.
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To fill out OMB Circular A-123 Appendix, agencies must follow the guidelines provided in the circular and report on their internal control systems.
What is the purpose of omb circular a-123 appendix?
The purpose of OMB Circular A-123 Appendix is to improve the effectiveness and efficiency of federal agency operations by providing guidance on internal controls.
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OMB Circular A-123 Appendix requires federal agencies to report on their internal control systems, including any weaknesses or deficiencies.
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