OFFICE OF THE CHIEF FINANCIAL OFFICER

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Implementation Status

Presented to: Berkeley Site Office

Implementer : Minh Huebner

January 4, 2007

OFFICE OF THE CHIEF FINANCIAL OFFICER

CFOOFFICE OF THE CHIEF FINANCIAL OFFICER

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Office of Management and Budget Office of Management and Budget Circular A-123 (Appendix A)Circular A-123 (Appendix A)

Management Accountability and ControlManagement Accountability and Control

OFFICE OF THE CHIEF FINANCIAL OFFICER

CFOOFFICE OF THE CHIEF FINANCIAL OFFICER

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FY 07 Implementation Plan SummaryFY 07 Implementation Plan Summary

• FY 07 Focus moves from high risk controls to medium and low risk controls

• Additional/new requirements of classifying data in Site A-123 Assessment and Reporting Tool (AART)

• Documentation, evaluation, and remediation all required for 2007 implementation to accomplish deliverables to DOE

• All medium and low risk controls must be tested by July 31

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Recent AccomplishmentsRecent Accomplishments

• DOE OMB training in Mid – Dec 2006 for selected Assessment Team members

• IAS conducted Internal Control training for all project participants in Dec 2006

• Review and evaluation of controls in moderate and low risk areas are currently in process. Testing begins once evaluation is complete.

• OMBA-123 implementation webpage (LBNL OCFO)

• Lessons Learned report by IAS

• Site AART upgrade to version 4 from 3.1

OFFICE OF THE CHIEF FINANCIAL OFFICER

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FY07 TimelinesFY07 TimelinesMilestones Due Dates

Internal Control training 10/1/2006 through 12/15/2006

Revised Site AART toolkit Mid December

Review of Site AART data (including Financial Statement Assertion linkage)

12/15/2006 through 2/15/2007

OMBA-123 Webpage development 11/1/2006 through 12/31/2006

1st Quarterly reporting 1/5/2007 (tentative)

Realignment of FY 2006 Data for new Site AART features

2/15/07 through 5/15/2007

Testing 2/15/2007 through 7/31/2007

2nd Quarterly reporting 4/6/2007 (tentative)

Remediation of controls 2/15/2007 through 6/15/2007

3rd Quarterly reporting 7/6/2007 (tentative)

OFFICE OF THE CHIEF FINANCIAL OFFICER

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FY07 Timelines (Continued)FY07 Timelines (Continued)Milestones Due Dates

Preliminary assurance reporting 8/10/2007 (tentative)

Final assurance reporting 8/27/2007 (tentative)

Periodic assessment team meeting Ongoing

Quarterly Steering Committee meeting Ongoing

Periodic status report to CFO Ongoing