Introduction

10 - Introduction (Rev. 13001, Issued: 12-13-24, Effective: 10-01-24, Implementation: 01-15-25) Chapter 7: Internal Control Requirements provides guidelines and policies to the CMS contractors in enabling them to strengthen their internal controls procedures. The CMS contracts with companies to administer the Medicare program under the Social Security Act and the Medicare Prescription Drug, Improvement, and Modernization Act of 2003 (MMA). The contractors shall administer the Medicare program efficiently and economically in order to achieve the program objectives. Internal controls are an essential part of managing an organization. Additionally, internal controls also serve as the first line of defense in safeguarding assets and preventing and detecting errors and or fraud. In summary, internal controls assists government program managers in achieving desired results through effective stewardship of public resources. End Section 10 – Introduction: Back to Table of Contents