Difference between revisions of "US Govt Compliance Mission, Strategy and Charter"

Latest revision as of 13:20, 17 February 2021

US Government (USG). Mission

To ensure organizations are complying with US Government (USG) regulations, laws, and statutes. US Govt Compliance ensure risks are identified, managed and mitigated (internal controls), and provide reasonable assurance that there are no instances of USG Non-Compliance. We also ensure personnel are knowledgeable, adequately trained and provide training.

USG Compliance Vision

Integrated business partners ensuring uniform USG Compliance across the organization and “Center of Excellence” for USG Compliance matters providing subject matter expertise and guidance.

USG Compliance Strategy

Utilize risk based approach to USG Compliance

Ensure appropriate internal controls are in place

Partner with the businesses and functions: Partner with Management on USG Compliance Providing training to respective functional areas Providing oversight to functional areas Providing guidance for “best in class” policies, procedures, and processes related to USG Compliance

USG Compliance Charter

Manage a USG Compliance Program Ensure Lines of Defense are Working Effectively

1st Line of Defense (“Boots on the Ground”)

Instill a culture and bring awareness to USG Compliance Enhance business partner relationships to ensure USG Compliance Provide solutions to non-compliance Maintain Minimum Standards of Internal Control Ensure adequate policies, procedures and processes are in place

2nd Line of Defense (MGMT, USG Compliance)

Annual Compliance Plan (3 year view) Capture USG Compliance profile, status via scorecard Annual USG Compliance Training plan Annual USG Compliance Risk Assessment Oversee and manage Contract Clause Matrix Annual questionnaire to functional areas Compliance Reviews

3rd Line of Defense (Internal/External Audit, DCMA/DCAA)

POC/Appointee for USG Compliance related audits