[Federal Register Volume 89, Number 124 (Thursday, June 27, 2024)]
[Notices]
[Page 53624]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-13145]


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GOVERNMENT ACCOUNTABILITY OFFICE


Financial Management and Assurance; Standards for Internal 
Control in the Federal Government

AGENCY: U.S. Government Accountability Office.

ACTION: Notice of document availability.

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SUMMARY: On June 27, 2024, the U.S. Government Accountability Office 
(GAO) issued an exposure draft of proposed revisions to ``Standards for 
Internal Control in the Federal Government'', also known as the Green 
Book. To help ensure that the standards continue to meet the needs of 
the Federal community and the public it serves, the Comptroller General 
of the United States established the Advisory Council on Standards for 
Internal Control in the Federal Government (Green Book Advisory 
Council) to review GAO's proposed revisions to the standards and 
consider other necessary changes. We are requesting public comments on 
the proposed revisions in the 2024 exposure draft. All comments 
received from the public will be considered a matter of public record 
and will be posted on the GAO website.

DATES: Comments will be accepted through August 26, 2024.

ADDRESSES: A copy of the exposure draft (GAO-24-106889) can be obtained 
on the GAO internet page at https://www.gao.gov/greenbook.

FOR FURTHER INFORMATION CONTACT: Carrie Morrison, Assistant Director, 
Financial Management and Assurance, [email protected] or (202) 512-
4689.

SUPPLEMENTARY INFORMATION: The Green Book Advisory Council includes 
those knowledgeable in internal control drawn from Federal, State, and 
local government; the private sector; and academia. The exposure draft 
includes the Green Book Advisory Council's input regarding the proposed 
changes. Since the Green Book was last revised in 2014, events such as 
pandemics and cyber-attacks have highlighted the challenges management 
faces when addressing risks related to fraud, improper payments, 
information security, and the implementation of new or substantially 
changed programs, including emergency assistance programs. This 
proposed revision provides additional requirements, guidance, and 
resources for addressing these risk areas when designing, implementing, 
and operating an effective internal control system. Other changes are 
made to continue harmonization with the Committee of Sponsoring 
Organizations of the Treadway Commission's (COSO) Internal Control--
Integrated Framework and make other modifications to clarify the intent 
of the requirements.
    To ensure that your comments are considered by GAO and the Green 
Book Advisory Council in their deliberations, please submit them by 
August 26,2024. Please send your comments electronically to 
[email protected].
    Authority:
    31 U.S.C. 3512(c), (d).

James R. Dalkin,
Director, Financial Management and Assurance, U.S. Government 
Accountability Office.
[FR Doc. 2024-13145 Filed 6-26-24; 8:45 am]
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