Datasets:

leeroy-jankins
/

OMB-Circular-A-123-Management-Responsibility-for-Risk-Management-and-Internal-Controls

Error code:   DatasetGenerationError
Exception:    EmptyDataError
Message:      No columns to parse from file
Traceback:    Traceback (most recent call last):
                File "/usr/local/lib/python3.14/site-packages/datasets/builder.py", line 1816, in _prepare_split_single
                  for key, table in generator:
                                    ^^^^^^^^^
                File "/src/services/worker/src/worker/job_runners/config/parquet_and_info.py", line 613, in wrapped
                  for item in generator(*args, **kwargs):
                              ~~~~~~~~~^^^^^^^^^^^^^^^^^
                File "/usr/local/lib/python3.14/site-packages/datasets/packaged_modules/csv/csv.py", line 196, in _generate_tables
                  csv_file_reader = pd.read_csv(file, iterator=True, dtype=dtype, **self.config.pd_read_csv_kwargs)
                File "/usr/local/lib/python3.14/site-packages/datasets/streaming.py", line 73, in wrapper
                  return function(*args, download_config=download_config, **kwargs)
                File "/usr/local/lib/python3.14/site-packages/datasets/utils/file_utils.py", line 1279, in xpandas_read_csv
                  return pd.read_csv(xopen(filepath_or_buffer, "rb", download_config=download_config), **kwargs)
                         ~~~~~~~~~~~^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
                File "/usr/local/lib/python3.14/site-packages/pandas/io/parsers/readers.py", line 1026, in read_csv
                  return _read(filepath_or_buffer, kwds)
                File "/usr/local/lib/python3.14/site-packages/pandas/io/parsers/readers.py", line 620, in _read
                  parser = TextFileReader(filepath_or_buffer, **kwds)
                File "/usr/local/lib/python3.14/site-packages/pandas/io/parsers/readers.py", line 1620, in __init__
                  self._engine = self._make_engine(f, self.engine)
                                 ~~~~~~~~~~~~~~~~~^^^^^^^^^^^^^^^^
                File "/usr/local/lib/python3.14/site-packages/pandas/io/parsers/readers.py", line 1898, in _make_engine
                  return mapping[engine](f, **self.options)
                         ~~~~~~~~~~~~~~~^^^^^^^^^^^^^^^^^^^
                File "/usr/local/lib/python3.14/site-packages/pandas/io/parsers/c_parser_wrapper.py", line 93, in __init__
                  self._reader = parsers.TextReader(src, **kwds)
                                 ~~~~~~~~~~~~~~~~~~^^^^^^^^^^^^^
                File "pandas/_libs/parsers.pyx", line 581, in pandas._libs.parsers.TextReader.__cinit__
              pandas.errors.EmptyDataError: No columns to parse from file
              
              The above exception was the direct cause of the following exception:
              
              Traceback (most recent call last):
                File "/src/services/worker/src/worker/job_runners/config/parquet_and_info.py", line 1369, in compute_config_parquet_and_info_response
                  parquet_operations, partial, estimated_dataset_info = stream_convert_to_parquet(
                                                                        ~~~~~~~~~~~~~~~~~~~~~~~~~^
                      builder, max_dataset_size_bytes=max_dataset_size_bytes
                      ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
                  )
                  ^
                File "/src/services/worker/src/worker/job_runners/config/parquet_and_info.py", line 948, in stream_convert_to_parquet
                  builder._prepare_split(split_generator=splits_generators[split], file_format="parquet")
                  ~~~~~~~~~~~~~~~~~~~~~~^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
                File "/usr/local/lib/python3.14/site-packages/datasets/builder.py", line 1683, in _prepare_split
                  for job_id, done, content in self._prepare_split_single(
                                               ~~~~~~~~~~~~~~~~~~~~~~~~~~^
                      gen_kwargs=gen_kwargs, job_id=job_id, **_prepare_split_args
                      ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
                  ):
                  ^
                File "/usr/local/lib/python3.14/site-packages/datasets/builder.py", line 1869, in _prepare_split_single
                  raise DatasetGenerationError("An error occurred while generating the dataset") from e
              datasets.exceptions.DatasetGenerationError: An error occurred while generating the dataset

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ID int64	Users string	Questions string	Assistants string	Answers string
1	User	What is the purpose of OMB Circular No. A-123?	Assistant	OMB Circular No. A-123 defines management’s responsibilities for enterprise risk management and internal control across Federal agencies.
2	User	What is the full title of OMB Circular No. A-123 after the 2016 revision?	Assistant	The full title is Management’s Responsibility for Enterprise Risk Management and Internal Control.
3	User	When was the revised OMB Circular No. A-123 issued?	Assistant	The revised Circular was issued on July 15, 2016.
4	User	What memorandum number is associated with the revised Circular?	Assistant	The revised Circular was issued as OMB Memorandum M-16-17.
5	User	What Federal law provides authority for OMB Circular No. A-123?	Assistant	The Circular is issued under the Federal Managers’ Financial Integrity Act of 1982, codified at 31 U.S.C. 3512.
6	User	What performance management law is also cited as authority for the Circular?	Assistant	The Circular also cites the GPRA Modernization Act, Public Law 111-352.
7	User	What does the Circular require agencies to integrate?	Assistant	The Circular requires agencies to integrate risk management and internal control functions.
8	User	What is the main policy change introduced by the revised Circular?	Assistant	The revised Circular modernizes A-123 by requiring agencies to implement an Enterprise Risk Management capability coordinated with strategic planning, strategic review, and internal control processes.
9	User	What is the relationship between ERM and internal control in A-123?	Assistant	ERM is part of the broader governance process, while internal control is an integral part of risk management and ERM.
10	User	What must Federal managers establish and maintain under A-123?	Assistant	Federal managers must establish and maintain internal controls to achieve objectives related to operations, reporting, and compliance.
11	User	What must management assess and report at least annually?	Assistant	Management must assess and report on internal control effectiveness at least annually.
12	User	Where must management provide assurances on internal control effectiveness?	Assistant	Management must provide assurances in the Agency Financial Report, Performance and Accountability Report, or other management report.
13	User	What is the Green Book?	Assistant	The Green Book is GAO’s Standards for Internal Control in the Federal Government.
14	User	How does A-123 use the Green Book?	Assistant	A-123 establishes an assessment process based on the Green Book that management must use to assess and improve internal controls over operations, reporting, and compliance.
15	User	What does the term “must” mean in the Circular?	Assistant	“Must” denotes a requirement that management will comply with in all cases.
16	User	What does the term “should” mean in the Circular?	Assistant	“Should” indicates a presumptively mandatory requirement unless the requirement is not relevant for the agency.
17	User	What does the term “may” indicate in the Circular?	Assistant	“May” indicates a best practice that management may adopt at its discretion.
18	User	To whom does OMB Circular No. A-123 apply?	Assistant	The Circular applies to each executive agency, while other non-executive Federal agencies are encouraged to adopt it.
19	User	What previous versions does the revised Circular supersede?	Assistant	The revised Circular supersedes all previous versions of OMB Circular No. A-123.
20	User	Do Appendices A, B, C, and D of A-123 remain in effect?	Assistant	Yes. Appendices A, B, C, and D remain in effect.
21	User	What is Enterprise Risk Management?	Assistant	Enterprise Risk Management is an agency-wide approach to addressing the full spectrum of external and internal risks as an interrelated portfolio rather than only within organizational silos.
22	User	How does OMB Circular A-11 define risk?	Assistant	OMB Circular A-11 defines risk as the effect of uncertainty on objectives.
23	User	What is risk management?	Assistant	Risk management is a series of coordinated activities to direct and control challenges or threats to achieving an organization’s goals and objectives.
24	User	Why is ERM useful to agencies?	Assistant	ERM gives agencies a strategically aligned portfolio view of risks, improving insight into how to prioritize resources for successful mission delivery.
25	User	Can agencies respond to all risks?	Assistant	No. Agencies cannot respond to all risks, but they must identify, measure, and assess risks related to mission delivery.
26	User	What does effective risk management create and protect?	Assistant	Effective risk management creates and protects value.
27	User	How should effective risk management relate to decision-making?	Assistant	Effective risk management should be part of decision-making and should explicitly address uncertainty.
28	User	What kind of information should effective risk management use?	Assistant	Effective risk management should be based on the best available information.
29	User	How should risk management respond to change?	Assistant	Risk management should be dynamic, iterative, responsive to change, and should facilitate continual improvement.
30	User	What is risk appetite?	Assistant	Risk appetite is the broad-based amount of risk an organization is willing to accept in pursuit of its mission or vision.
31	User	Who establishes risk appetite?	Assistant	Risk appetite is established by the organization’s most senior leadership.
32	User	What is risk tolerance?	Assistant	Risk tolerance is the acceptable level of variance in performance relative to achievement of objectives.
33	User	At what level is risk tolerance generally established?	Assistant	Risk tolerance is generally established at the program, objective, or component level.
34	User	What is a portfolio view of risk?	Assistant	A portfolio view of risk provides insight into all areas of organizational exposure, including reputational, programmatic, financial, technology, acquisition, and human capital risks.
35	User	Why does ERM require risk information to flow across the organization?	Assistant	ERM requires risk information to flow up, down, and across the organization so managers have the information needed for sound decisions.
36	User	What are the seven elements of the illustrative ERM model in A-123?	Assistant	The seven elements are establish the context, initial risk identification, analyze and evaluate risks, develop alternatives, respond to risks, monitor and review, and continuous risk identification.
37	User	What does “establish the context” mean in ERM?	Assistant	Establishing the context means understanding and articulating the internal and external environments of the organization.
38	User	What does initial risk identification involve?	Assistant	Initial risk identification uses a structured and systematic approach to recognize where undesired outcomes or opportunities can arise.
39	User	What does analyzing and evaluating risks involve?	Assistant	It involves considering causes, sources, probability, positive or negative outcomes, and then prioritizing the results of the analysis.
40	User	What does developing alternatives mean in ERM?	Assistant	Developing alternatives means systematically identifying and assessing risk response options guided by risk appetite.
41	User	What does responding to risks mean?	Assistant	Responding to risks means selecting the best option among alternatives and preparing and executing the selected response strategy.
42	User	What does monitoring and review involve?	Assistant	Monitoring and review evaluates whether implemented risk management options achieved the stated goals and objectives.
43	User	What is continuous risk identification?	Assistant	Continuous risk identification is an iterative process throughout the year that includes surveillance of leading indicators of future risk from internal and external environments.
44	User	What is the extended enterprise?	Assistant	The extended enterprise consists of interdependent, parent-child, and external relationships beyond the agency that may create risk drivers.
45	User	What is the risk environment?	Assistant	The risk environment is beyond the boundary of the extended enterprise and generates risks that cannot be controlled or that constrain how the organization may address risk.
46	User	Who shares responsibility for managing risk in an agency?	Assistant	Risk management responsibilities are shared throughout the agency, from senior executive leadership to service delivery staff executing Federal programs.
47	User	What is the role of a Risk Management Council?	Assistant	A Risk Management Council may oversee the agency risk profile, regular risk assessment, and development of appropriate risk responses.
48	User	Who should chair the Risk Management Council if an agency uses one?	Assistant	The Risk Management Council should be chaired by the agency Chief Operating Officer or another senior official responsible for the enterprise.
49	User	Who chairs the Risk Management Council in cabinet-level agencies?	Assistant	In cabinet-level agencies, the Deputy Secretary serves as the chair.
50	User	What is the role of a Chief Risk Officer?	Assistant	A Chief Risk Officer champions agency-wide risk management efforts and advises senior leaders on the strategically aligned portfolio view of agency risks.
51	User	What is a risk profile?	Assistant	A risk profile is a prioritized inventory of the most significant risks identified and assessed through the agency’s risk assessment process.
52	User	How does a risk profile differ from a risk register?	Assistant	A risk profile is a prioritized inventory of the most significant risks, while a risk register is a more complete inventory of risks.
53	User	Who must approve the agency risk profile?	Assistant	The risk profile must be approved by the agency’s Risk Management Council or equivalent body.
54	User	What must a risk profile consider?	Assistant	A risk profile must consider risks from a portfolio perspective and identify both positive opportunities and negative threats.
55	User	What is the primary purpose of a risk profile?	Assistant	The primary purpose is to analyze risks the agency faces in achieving strategic objectives and identify options for addressing significant risks.
56	User	What conversations does a risk profile encourage?	Assistant	A risk profile encourages open and candid conversations about risks facing the organization at all levels.
57	User	What are the seven general components of a risk profile?	Assistant	The seven components are identification of objectives, identification of risk, inherent risk assessment, current risk response, residual risk assessment, proposed risk response, and proposed action category.
58	User	What objective categories must be included in the risk profile?	Assistant	The risk profile must include strategic, operations, reporting, and compliance objectives.
59	User	What are strategic objectives?	Assistant	Strategic objectives relate to the strategic goals and objectives aligned with and supporting the agency’s mission.
60	User	What are operations objectives?	Assistant	Operations objectives relate to the effective and efficient use of agency resources for administrative and major program operations, including financial and fraud objectives.
61	User	What are reporting objectives?	Assistant	Reporting objectives relate to the reliability of the agency’s reporting.
62	User	What are compliance objectives?	Assistant	Compliance objectives relate to the agency’s compliance with applicable laws and regulations.
63	User	What is reputational risk?	Assistant	Reputational risk damages the reputation of an agency or component enough to affect the agency’s ability to carry out mission objectives.
64	User	What are the two phases of risk identification?	Assistant	The two phases are initial risk identification and continuous risk identification.
65	User	Why is risk identification continuous?	Assistant	Risk identification is continuous because agencies must identify new or emerging risks and changes to existing risks over time.
66	User	What three principles are important in assessing risk?	Assistant	Agencies should consider likelihood and impact, record risk assessments to support monitoring and priorities, and distinguish between inherent and residual risk.
67	User	What is inherent risk?	Assistant	Inherent risk is the exposure from a specific risk before any action has been taken to manage it beyond normal operations.
68	User	What does high impact mean in A-123’s illustrative risk scale?	Assistant	High impact means the risk could preclude or highly impair the entity’s ability to achieve one or more objectives or performance goals.
69	User	What does medium impact mean in A-123’s illustrative risk scale?	Assistant	Medium impact means the risk could significantly affect the entity’s ability to achieve one or more objectives or performance goals.
70	User	What does low impact mean in A-123’s illustrative risk scale?	Assistant	Low impact means the risk will not significantly affect the entity’s ability to achieve one or more objectives or performance goals.
71	User	What does high likelihood mean in A-123’s illustrative risk scale?	Assistant	High likelihood means the risk is very likely or reasonably expected to occur.
72	User	What does medium likelihood mean in A-123’s illustrative risk scale?	Assistant	Medium likelihood means the risk is more likely to occur than unlikely.
73	User	What does low likelihood mean in A-123’s illustrative risk scale?	Assistant	Low likelihood means the risk is unlikely to occur.
74	User	What is risk acceptance?	Assistant	Risk acceptance means no action is taken because the risk is insignificant, or the risk is knowingly assumed to seize an opportunity.
75	User	What is risk avoidance?	Assistant	Risk avoidance means action is taken to stop the operational process, or part of the process, causing the risk.
76	User	What is risk reduction?	Assistant	Risk reduction means action is taken to reduce the likelihood or impact of the risk.
77	User	What is risk sharing?	Assistant	Risk sharing means action is taken to transfer or share risks across the entity or with external parties, such as insurance against losses.
78	User	What is residual risk?	Assistant	Residual risk is the exposure remaining from an inherent risk after action has been taken to manage it.
79	User	What is a proposed action in a risk profile?	Assistant	A proposed action is an additional action proposed to reduce the exposure remaining after existing risk mitigation actions.
80	User	What is a proposed risk response category?	Assistant	It identifies the existing management process that will be used to implement and monitor proposed actions.
81	User	Why can risk profiles contain sensitive information?	Assistant	Risk profiles often contain candid, subjective, pre-decisional, deliberative, confidential, or sensitive information about internal vulnerabilities and risk severity.
82	User	How often must all aspects of the risk management process be reviewed?	Assistant	All aspects of the risk management process must be reviewed at least once a year.
83	User	What must review processes do for new or emerging risks?	Assistant	Review processes must alert the appropriate level of management to new or emerging risks and changes in identified risks.
84	User	What was the deadline for agencies’ initial risk profiles under the Circular?	Assistant	Agencies were required to complete initial risk profiles by June 2, 2017, unless otherwise approved by OMB.
85	User	How often must agencies prepare updated risk profiles?	Assistant	Agencies must prepare complete updated risk profiles at least annually.
86	User	What is management’s role in ERM systems compared with auditors?	Assistant	Management is responsible for ERM systems, while auditors conduct independent and objective audits, evaluations, and investigations that can inform management about risks.
87	User	What is internal control under the Green Book?	Assistant	Internal control is a process effected by an entity’s oversight body, management, and other personnel that provides reasonable assurance that the entity’s objectives will be achieved.
88	User	What are the three broad categories of internal control objectives?	Assistant	The three categories are operations, reporting, and compliance.
89	User	What does operations objective mean?	Assistant	Operations objectives involve the effectiveness and efficiency of operations.
90	User	What does reporting objective mean?	Assistant	Reporting objectives involve the reliability of reporting for internal and external use.
91	User	What does compliance objective mean?	Assistant	Compliance objectives involve compliance with applicable laws and regulations.
92	User	What does safeguarding assets include?	Assistant	Safeguarding assets includes preventing or promptly detecting and correcting unauthorized acquisition, use, or disposition of an entity’s assets.
93	User	What assurance level does internal control provide?	Assistant	Internal control provides reasonable assurance, not absolute assurance, that an organization achieves its objectives.
94	User	Why can internal control not provide absolute assurance?	Assistant	Internal control cannot provide absolute assurance because factors outside management’s control, such as natural disasters, can affect objective achievement.
95	User	What are the five Green Book components of internal control?	Assistant	The five components are Control Environment, Risk Assessment, Control Activities, Information and Communication, and Monitoring.
96	User	What are the Control Environment principles?	Assistant	The Control Environment principles are demonstrate commitment to integrity and ethical values, exercise oversight responsibility, establish structure, responsibility and authority, demonstrate commitment to competence, and enforce accountability.
97	User	What are the Risk Assessment principles?	Assistant	The Risk Assessment principles are define objectives and risk tolerances, identify, analyze, and respond to risk, assess fraud risk, and analyze and respond to change.
98	User	What are the Control Activities principles?	Assistant	The Control Activities principles are design control activities, design activities for information systems, and implement control activities.
99	User	What are the Information and Communication principles?	Assistant	The Information and Communication principles are use quality information, communicate internally, and communicate externally.
100	User	What are the Monitoring principles?	Assistant	The Monitoring principles are perform monitoring activities and remediate deficiencies.

End of preview.

OMB Circular A-123 Enterprise Risk Management and Internal Control Question Answering Dataset

Dataset Summary

Maintainer: Terry Eppler
Ownership: US Federal Government

The OMB Circular A-123 Enterprise Risk Management and Internal Control Question Answering Dataset is a synthetic instruction-style question-answering dataset derived from OMB Circular No. A-123, Management’s Responsibility for Enterprise Risk Management and Internal Control.

The dataset is designed to support training, fine-tuning, retrieval evaluation, and domain-specific question-answering use cases related to Federal enterprise risk management, internal control, risk profiles, internal control assessment, corrective action planning, assurance reporting, fraud risk management, privacy risk management, acquisition risk, grants risk, and Antideficiency Act risk.

The source Circular updates Federal management responsibilities by requiring agencies to implement an Enterprise Risk Management capability coordinated with strategic planning, strategic review, and internal control processes. It also establishes requirements for assessing internal control using the Government Accountability Office’s Standards for Internal Control in the Federal Government, commonly known as the Green Book.

Source Document

Title: OMB Circular No. A-123 — Management’s Responsibility for Enterprise Risk Management and Internal Control
Memorandum Number: M-16-17
Issuing Office: Executive Office of the President, Office of Management and Budget
Date Issued: July 15, 2016
Primary Authorities: Federal Managers’ Financial Integrity Act of 1982 and GPRA Modernization Act
Primary Subject Area: Federal enterprise risk management and internal control

Dataset Structure

Each record follows a conversational question-answer schema:

Field	Type	Description
`ID`	integer	Unique numeric record identifier.
`Users`	string	Speaker label for the user prompt.
`Questions`	string	User question derived from OMB Circular No. A-123.
`Assistants`	string	Speaker label for the assistant response.
`Answers`	string	Assistant answer grounded in the source document.

Example Record

ID	Users	Questions	Assistants	Answers
1	User	What is the purpose of OMB Circular No. A-123?	Assistant	OMB Circular No. A-123 defines management’s responsibilities for enterprise risk management and internal control across Federal agencies.

Dataset Creation

Source Selection

The dataset was created from OMB Circular No. A-123, including coverage of:

Enterprise Risk Management
Internal control responsibilities
Federal Managers’ Financial Integrity Act reporting
GPRA Modernization Act alignment
Strategic planning and strategic review integration
OMB Circular A-11 relationship
Risk Management Council governance
Chief Risk Officer responsibilities
Risk appetite and risk tolerance
Risk profiles
Risk registers
Strategic, operations, reporting, and compliance objectives
Inherent risk assessment
Residual risk assessment
Risk response categories
Current and proposed risk responses
Enterprise risk management implementation deadlines
Auditor roles in enterprise risk management
GAO Green Book internal control standards
Internal control components and principles
Senior Management Council governance
Entity-level controls
Service organization controls
SOC 1 Type 2 report considerations
Fraud risk management
GAO Fraud Risk Management Framework
Disaster-related fraud risk tolerance
Internal control documentation requirements
Sources of information for internal control assessment
Identification of deficiencies
Internal control evaluation approach
Corrective action plans
Root-cause analysis
Audit follow-up
Cooperative Audit Resolution and Oversight Initiatives
Annual assurance statements
Control deficiencies, significant deficiencies, and material weaknesses
Internal control over reporting
Financial management systems compliance
Government corporation reporting
Classified matters in assurance statements
Privacy risk management
Privacy Impact Assessments
Acquisition assessments
Grants risk management
Antideficiency Act risk management

Generation Method

Questions and answers were generated synthetically from the source document. The dataset was structured in a simple conversational format suitable for instruction tuning, retrieval-augmented generation evaluation, Federal management training, and policy-oriented question answering.

The generated records summarize and reformulate the source material rather than copying extended passages verbatim.

Dataset Size

The current dataset contains 200 records.

Intended Uses

This dataset is intended for:

Fine-tuning small language models on Federal enterprise risk management and internal control concepts
Building retrieval-augmented generation evaluation datasets
Testing question-answering systems for Federal financial management and risk governance domains
Training assistants to answer foundational questions about OMB Circular No. A-123
Creating educational tools for Federal managers, analysts, auditors, and program officials
Supporting internal training on risk profiles, internal control assessment, corrective action plans, and assurance reporting
Supporting policy analysis involving Federal risk management, fraud risk, privacy risk, acquisition risk, grants risk, and Antideficiency Act risk
Building synthetic benchmark records for Federal management policy retrieval tasks

Out-of-Scope Uses

This dataset should not be used as:

A substitute for the official OMB Circular No. A-123
Legal, audit, accounting, compliance, budget, procurement, privacy, or grants management advice
A complete implementation guide for agency enterprise risk management programs
A certification basis for internal control or Federal Managers’ Financial Integrity Act compliance
A source for determining whether a specific agency’s internal control system is effective
A replacement for agency-specific policy, Office of Management and Budget guidance, Government Accountability Office standards, or Inspector General review
A replacement for review by Federal financial managers, auditors, legal counsel, budget officers, privacy officials, acquisition officials, grants officials, or enterprise risk management professionals

Limitations

This dataset is synthetic and educational. Although it is based on OMB Circular No. A-123, the answers are summarized and reformulated.

Known limitations include:

The dataset does not reproduce the full Circular.
The dataset may simplify nuanced Federal risk management or internal control requirements.
The dataset does not include formal citations at the record level.
The dataset does not provide legal, audit, budgetary, accounting, procurement, privacy, grants, or compliance determinations.
The dataset does not replace agency-specific enterprise risk management or internal control policy.
The dataset does not evaluate whether any particular agency has complied with OMB Circular No. A-123.
The dataset may not reflect later OMB guidance, agency implementation practices, GAO Green Book updates, or changes in Federal management policy.
The dataset should be reviewed before use in operational, audit, compliance, or official reporting workflows.

Bias, Risk, and Responsible Use

The source document addresses Federal management accountability, enterprise risk management, internal control, fraud risk, privacy risk, acquisition risk, grants risk, and Antideficiency Act risk. This dataset reformulates those concepts for educational and model-training purposes.

Users should evaluate the dataset for:

Accuracy against the official Circular
Completeness for the intended training or retrieval task
Suitability for the target model or retrieval system
Potential overgeneralization
Missing implementation context
Later policy updates or superseding guidance
Applicability to specific agency missions and governance structures
Alignment with agency-specific legal, audit, budget, acquisition, privacy, and grants management requirements

For operational Federal risk management, internal control assessment, assurance reporting, corrective action planning, or compliance use, users should consult the official Circular, current OMB guidance, GAO standards, agency policy, and qualified subject-matter experts.

Security and Governance Considerations

This dataset discusses risk profiles, internal control deficiencies, corrective action plans, material weaknesses, fraud risks, privacy risks, and agency management vulnerabilities. In real agency settings, such information may be pre-decisional, deliberative, confidential, sensitive, or otherwise inappropriate for broad disclosure.

Model outputs trained or evaluated with this dataset should not be used as final authority for risk reporting, internal control evaluation, assurance statements, audit follow-up, or public disclosure without review by authorized agency officials.

Licensing

This dataset is derived from a United States Federal Government publication. The metadata field is set to license: other as a conservative placeholder. Before publishing or redistributing the dataset, verify the appropriate license or public-domain metadata expected by the target hosting platform.

Attribution

This dataset is derived from:

Office of Management and Budget. OMB Circular No. A-123, Management’s
Responsibility for Enterprise Risk Management and Internal Control.
Memorandum M-16-17. July 15, 2016.

Citation

If you use this dataset, cite the source document:

Office of Management and Budget. OMB Circular No. A-123, Management’s
Responsibility for Enterprise Risk Management and Internal Control.
M-16-17. Executive Office of the President. July 15, 2016.

Recommended Citation for This Dataset

OMB Circular A-123 Enterprise Risk Management and Internal Control Question
Answering Dataset. Synthetic question-answering dataset derived from OMB
Circular No. A-123, Management’s Responsibility for Enterprise Risk
Management and Internal Control.

Maintenance

This dataset should be reviewed and updated when:

OMB Circular No. A-123 is amended, superseded, or revoked
OMB issues additional implementation guidance on enterprise risk management or internal control
OMB Circular No. A-11 strategic review guidance changes materially
GAO updates the Standards for Internal Control in the Federal Government
FMFIA, GPRA Modernization Act, FFMIA, or related Federal management statutes are amended
OMB updates guidance on privacy, acquisition, grants, improper payments, Antideficiency Act reporting, or financial management systems
Agency reporting practices for assurance statements, material weaknesses, or corrective actions change materially
The dataset is expanded with additional records or record-level citations

Version

Dataset Version: 1.0
Source Document: OMB Circular No. A-123
Source Memorandum: M-16-17
Initial Record Count: 200

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Total file size:

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leeroy-jankins/nisty

Text Generation • 8B • Updated 1 day ago • 55 • 2