SECNAVINST 5200 - Navy Issuances

SECNAV M-5200.35JUNE 2008Department of the Navy (DON) Managers’ Internal Control (MIC) ManualTable of ContentsFOREWORD................................................................................................................... 2Table of Contents............................................................................................................ 3Introduction to the DON Managers’ Internal Control (MIC) Program............................... 5MIC Program Overview ................................................................................................... 7DON Major Assessable Units ...................................................................................... 7Senior Management Council ....................................................................................... 7Senior Assessment Team............................................................................................ 8Assessable Units ......................................................................................................... 8MIC Program Documentation Requirements................................................................. 10Risk Assessment Documentation .............................................................................. 10Control Assessment Documentation.......................................................................... 14Corrective Action Plans ............................................................................................. 16The Managers’ Internal Control (MIC) Plan ............................................................... 16Statement of Assurance ................................................................................................ 21Reporting Period........................................................................................................ 21Determining Materiality .............................................................................................. 21Department of Defense Internal Control Reporting Categories ................................. 23Statement of Assurance Tool ........................................................................................ 25Preparing a MIC Certification Statement ....................................................................... 25Tab A: Accomplishments ........................................................................................... 28Tab B-1: Listing of Material Weaknesses, Reportable Conditions and Items-to-be-Revisited; Uncorrected and Corrected.................................................................... 29Tab B-2: Uncorrected Material Weaknesses, Reportable Conditions and Items-to-be-Revisited................................................................................................................. 30Tab B-3: Corrected Material Weaknesses, Reportable Conditions and Items-to-be-Revisited................................................................................................................. 34Submitting Instructions .................................................................................................. 36Managers’ Internal Control Training .............................................................................. 37DON MIC Program Training ...................................................................................... 37DON MIC Training for Managers ............................................................................... 37Accessing the Computer Based Training Courses .................................................... 38ReferencesFigure 1: Information Flow for Annual Statement of Assurance ...................................... 6Figure 2: Risk Diagram.................................................................................................. 11Figure 3: Risk Assessment Process Flow ..................................................................... 11Table 1: FY 2008 DON MIC Major Assessable Units...................................................... 7Table 2: DON MIC Senior Assessment Team................................................................. 8Table 3: Risk Type and Level Table.............................................................................. 133