BlueBird, CPAs - NIGA Cannabis Series
3/12/23
Development of an Internal Control Framework
TRIBAL CODES
TCRA REGULATIONS
TRIBAL – STATE COMPACT
MANAGEMENT AGREEMENT
THE SYSTEM OF INTERNAL CONTROLS
BANKING AGREEMENTS
OTHERIDENTIFIED RISKS
POLICIES AND PROCEDURES
11
Compliance Monitoring • How do we establish independent monitoring of compliance with our System of Internal Controls?
• INTERNAL vs. OUTSOURCED
• What are the risks if our Tribal Marijuana related business is out of compliance?
• What are the risks to our other activities? NIGC Bulletin 2021-7, banking relationships, grants and contracts?
12
Audit and Accounting Considerations: Tribal Marijuana Related Businesses
6
Made with FlippingBook - Online catalogs