The goal of this project is to design an internal control manual that will be used by Utilis Innovations that will allow us to implement and monitor different aspect of the control environment.

In order to complete the task, the student(s) will need to:

1. Understand the business

2. Conceptualize the control environment

3. Determine how the control environment interacts with each other relating to the tasks required

4. Create a diagram (This is the first milestone)

5. Create preventative and detective control procedures

6. Determine the different actors in the control environment

7. Document the procedures in a manual-type document

8. Design a checklist that will allow for the effective use of the internal controls that were designed

9. Design procedures for internal control testing

The end deliverables will be an Internal control policy manual.

I will provide students with as much guidance as they need to provide direction as the project progresses. I like to have short and frequent updates to ensure that there is no confusion and to provide feedback and guidance along the way. I am a big believer in the only stupid question is the one that is not asked, and I’m happy to share my knowledge and experience.