Internal Controls and Compliance as a Team Effort

This session looks at the importance of internal controls and the interrelation of program and financial staff and how their roles, responsibilities, decisions, and actions affect grant compliance, and can strengthen internal controls. Key elements of selected internal controls policies and procedures will be covered. Specific topics addressed include collaboration on budget development and execution, program income, financial reports, and various member and participant matters. Participants will discuss real life scenarios allowing them to better understand how program and financial staff can work together as a team to strengthen internal controls and increase compliance.