What is OMB Circular A 130 Appendix III?

What is OMB Circular A 130 Appendix III?

It establishes government-wide responsibilities for Federal computer security and requires Federal agencies to adopt a minimum set of management controls.

What is a 130 audit?

Revised. Circular No. A-130 provides uniform government-wide information resources management policies as required by the Paperwork Reduction Act of 1980, as amended by the Paperwork Reduction Act of 1995, 44 U.S.C.

What is the purpose of OMB Circulars?

Circulars are one of the primary ways OMB provides detailed instructions and information to Federal agencies. Importantly, Circulars standardize implementation guidance for Federal agencies across an array of policy areas and topics that are central to the Federal Government’s management and budget processes.

What is the main purpose of OMB?

AGENCY PROGRAM: OMB assists the President in overseeing the preparation of the Federal budget and in supervising its administration in Federal agencies. It also oversees and coordinates the Administration’s procurement, financial management, information, and regulatory policies.

What is a 123 Appendix D?

A -123 defines new requirements for determining. compliance with the FFMIA. The goal of this Appendix is to transform our compliance. framework so that it will contribute to efforts to reduce the cost, risk, and complexity of financial. system modernizations.

Who is subject to a-133 audit?

Single Audit, previously known as the OMB Circular A-133 audit, is an organization-wide financial statement and federal awards’ audit of a non-federal entity that expends $750,000 or more in federal funds in one year.

Who is head of OMB?

Office of Management and Budget

DIRECTOR Shalanda D. Young, Acting
Deputy Director Shalanda D. Young
Deputy Director for Management Jason S. Miller
General Counsel Samuel R. Bagenstos

What are a123 controls?

A-123 defines management’s responsibility for internal control in Federal agencies. A re-examination of the existing internal control requirements for Federal agencies was initiated in light of the new internal control requirements for publicly-traded companies contained in the Sarbanes-Oxley Act of 2002.

What is the OMB Circular A-130 Appendix?

The Appendix revises procedures formerly contained in Appendix III to OMB Circular No. A-130 (50 FR 52730; December 24, 1985), and incorporates requirements of the Computer Security Act of 1987 (P.L. 100-235) and responsibilities assigned in applicable national security directives.

What’s new in Circular A-130?

In July 2016, the Office of Management and Budget (OMB) revised Circular A-130, “Managing Information as a Strategic Resource,” to reflect changes in law and advances in technology.

What is the purpose of the A-130?

A-130 Revised SUBJECT: Management of Federal Information Resources 1. Purpose: This Circular establishes policy for the management of Federal information resources. OMB includes procedural and analytic guidelines for implementing specific aspects of these policies as appendices. 2.

What is the purpose of Appendix A-123?

A-123. The Appendix revises procedures formerly contained in Appendix III to OMB Circular No. A-130 (50 FR 52730; December 24, 1985), and incorporates requirements of the Computer Security Act of 1987 (P.L. 100-235) and responsibilities assigned in applicable national security directives.