SECNAVINST 5200 - Navy Issuances

SECNAV M-5200.35JUNE 2008The MIC Plan will assist in the transition from one MIC coordinator to another byestablishing how the organization is implementing the relevant guidance. New MICcoordinators and alternates shall use the MIC plan to learn the specific approach andvision of the MIC program within their organization.The MIC plan shall be updated as needed. The plan may take any form but mustidentify the following key elements:(1) the organization’s senior official overseeing the MIC program, the MICcoordinator and the alternate MIC coordinator;(2) an overview of the MIC program as related to the GAO standards for internalcontrol;(3) a description of risk assessment methodology;(4) a description of monitoring/internal control assessment methodology;(5) a description of how to develop and track corrective action plans;(6) MIC training efforts; and(7) the date the plan was last updated.A sample MIC Plan is provided in Example 5 and may be used to create theorganization’s plan. The example outlines the key information requirements for eachsection to provide assistance in developing a robust plan. This format is designed tomeet the reporting requirements and to indicate how an organization’s program relatesto the United States General Accounting Office 1 (GAO) Standards for Internal Control inthe Federal Government:• Control environment;• Risk assessment;• Control activities;• Information and communications; and• Monitoring.Additional information is available at: http://www.gao.gov/special.pubs/ai2131.pdf1 Re-named the Government Accountability Office in 200417