What did Title 31 The Federal Managers' Financial Integrity Act require the head of each agency to do

Establish internal controls to provide reasonable assurance that: obligations and cost are in compliance with applicable laws; funds, property, and other assets are safeguarded against waste, loss, or unauthorized use or misappropriation; revenues and expenditures are properly recorded and accounted for; and programs are efficiently and effectively carried out in accordance to law and internal prlicy.

AR 11-2 background

- Applies to all Army Organizations and programs
- Affirms inherent responsibility of Commanders and managers at all levels to establish and maintain effective internal controls, assess areas of risk, identify and correct weaknesses and keep chain of command informed.

What is AAA in MICP?

Army Audit Agency

What is AUM in MICP?

Assessable Unit Manager

What is ICA in MICP?

Internal Control Administrator

What is the AAA's Role in MICP?

- provide technical advice, assistance, and consultation on internal controls to HQDA functional proponents.
- evaluate, during the normal course of audits, the effectiveness of internal controls, the adequacy of internal control evaluations, and the adequacy of actions taken to correct material weaknesses.
- provide periodic reports to ASA(FM&C) summarizing internal controls and systemic weaknesses identified in AAA audits.
- identity proposed Army-love material weaknesses.