Presentation on management and control systems - how to asses them, Daria Bochnar, SIGMA expert, and Miroslawa Boryczka, SIGMA, at the joint SIGMA-ReSPA PIFC regional conference for EU candidate countries and potential candidates, Skopje, 19 September 2019.

1. © OECD
Management and control systems
how to assess them?
5th Regional Conference on Public Internal Financial Control
for EU candidate countries and potential candidates
Workshops for managers
Mirosława Boryczka
Daria Bochnar

2. Workshop objective
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By the end of the workshop participant will:
• understand the fundaments of management and control
systems,
• understand how to reduce risk in the public organization
by implementing and maintaining the strong and
effective control environment,
• be conscious of importance of strong management and
control system, in your everyday work, becoming
“ambassadors” for good control, including execution,
monitoring and assessing effectiveness of existing
controls in your own organization.

3. Management systems based on
COSO model
• The management controls outcomes
concerning key results and progress towards
the achievements of general and specific
objectives.
• Managers have to create strong management
and control systems to enhance the
operational efficiency and effectiveness of
their organisation and the achievement of its
objectives.
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4. Management and control systems
benefits of self-assessment guide
• Enhanced understanding and assessment of the current state of play
of any element of management
• Structured set of management and control arrangements for the
efficient and effective delivery of objectives.
• Examples of mechanism on how to implement different elements of
management and control systems
• Toolkit to facilitate self-checking of compliance with the COSO
principles through a set of questions
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5. Guidelines for assessing the
quality of internal control systems
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Description and examples of key elements
of efficient IC systems using the 17 COSO
principles
Overall principles of effective IC
Examples of good practice and practical
implemenation of various aspects of
COSO principles

6. Examples and discussion
 Principle 3: The public organisation establishes
structures, reporting lines, authorities and
responsibilities;
• room: Platinum 1 (simultaneous interpretation provided)
 Principle 5: The public organisation enforces
accountability.
• room: Gold (English only)
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