MANAGEMENT

See ADMINISTRATION		  
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  PRACTICE

Established actions or ways of proceeding in the regular performance of organizational duties. Policies and procedures often guide practice.		  
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  SENIOR MANAGEMENT

Employees who assume administrative oversight for the organization's programs. Senior management positions may include vice presidents, chief operating officers, assistant commissioners, directors, or other positions that involve management of program administration. The term does not include supervisors of direct service workers.		  
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  PREVENTION

Actions taken to minimize and/or eliminate social, psychological, or other conditions. Prevention can occur at the individual, group, community, and societal levels and enhances opportunities to achieve positive fulfillment.		  
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  PERFORMANCE

A measure of how well an organizational system provides services to consumers. Performance is often based on key indicators, such as rates of service, cost per consumer, degree of satisfaction with services, and extent of consumer access to services.		  
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COA
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Financial Management
  
Private Org Public Agency  

PA-FIN 1: Internal Control Environment*

 

An internal control system includes mechanisms for:

  1. senior management reviews and approvals;
  2. management or review by more than one person;
  3. assurance that management directives are carried out;
  4. prevention of error, mismanagement, or fraud; and
  5. safeguarding and verification of assets.
related PA-RPM 4
Interpretation: Internal controls include "preventive" controls that address the question, "What could go wrong?” and "detective" controls which address the question, "What did go wrong?" As such, detective controls should be part of the agency's Performance Improvement system.
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PURPOSE: Agency viability and positive financial outcomes are achieved through diligent application of sound financial management practices that accord with applicable legal and regulatory requirements.
 
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