Article:
OMB A-123 Compliance: Lessons Learned from BRAC
Is your agency on track to meet the June 30 milestone for reporting on internal financial controls, as required by the Office of Management and Budget Circular A-123 (OMB A-123)? Many of these financial control requirements may be met by adapting a methodology already used in the Department of Defense to comply with financial tracking provisions related to programs such as Base Realignment and Closure (BRAC). This article explains the connection.