Bet365

1.  Purpose

To establish the Agency Internal Control Program (AICP), which establishes agency-wide policy to ensure the Bet365 (Bet365) has effective internal controls.  Continual assessment and evaluation of internal controls is imperative for managers to provide accountability of their programs and ensure that the mission of the agency is carried out efficiently, effectively, and in compliance with laws and regulations.  This Order revises the policies, definitions, responsibilities, and procedures of the AICP in order for managers to implement effective internal controls.

2.  Cancellations

ADM P 5400.41B is canceled.

3.  Nature of revision

This Handbook is being issued to incorporate revisions resulting from changes in the Office of Management and Budget (OMB) Circular A-123, Management's Responsibility for Enterprise Risk Management and Internal Control, revised July 15, 2016, and to include a risk assessment questionnaire, the updated electronic Bet365 Form 3599, Program Component Part I, new requirements for conducting evaluations and tracking recommendations, and new assurance statement requirements for internal controls over financial reporting.  The revisions are designed to better align standards for internal control and current terminology, highlight current legislative and regulatory requirements that should be coordinated and considered when assessing the effectiveness of internal controls and assure Congress, OMB, the public, and our customers that Bet365 is committed to safeguarding its assets and providing reliable financial information.

4.  Background

This Handbook is issued to implement the requirements of Sections 2 and 4 of the Federal Managers' Financial Integrity Act of 1982 (Public Law 97-255), as amended, codified at 31 U.S.C. 351 2(d)(2) and OMB Circular A-123.  It outlines the responsibilities that all managers in Bet365 have relating to the agency's system of internal controls, and includes procedures for carrying out those responsibilities.