Save time, empower your teams and effectively upgrade your processes with access to this practical Internal Control Toolkit and guide. Address common challenges with best-practice templates, step-by-step work plans and maturity diagnostics for any Internal Control related project.
Download the Toolkit and in Three Steps you will be guided from idea to implementation results.
The Toolkit contains the following practical and powerful enablers with new and updated Internal Control specific requirements:
STEP 1: Get your bearings
- The latest quick edition of the Internal Control Self Assessment book in PDF containing 49 requirements to perform a quickscan, get an overview and share with stakeholders.
Organized in a data driven improvement cycle RDMAICS (Recognize, Define, Measure, Analyze, Improve, Control and Sustain), check the…
- Example pre-filled Self-Assessment Excel Dashboard to get familiar with results generation
Then find your goals...
STEP 2: Set concrete goals, tasks, dates and numbers you can track
Featuring 992 new and updated case-based questions, organized into seven core areas of process design, this Self-Assessment will help you identify areas in which Internal Control improvements can be made.
Examples; 10 of the 992 standard requirements:
- Are your internal control measures keeping pace with the emerging risks from advanced technology applications in stores, as artificial intelligence and new payment methods/systems?
- Does your organization have internal controls to ensure consistent and reliable data collection and calculation, as regular data reconciliation or periodic application testing?
- Should a distinction be made between the auditor assisting in documenting existing internal control procedures versus recommending changes or enhancing internal control?
- Do you review your organization statements and canceled checks within ten days of receipt for unauthorized deposits or withdrawals, alterations, or unusual endorsements?
- Why were the revisions to auditing standards that clearly stated auditor responsibility for internal control seemingly unheeded in the process of performing audits?
- Does the management give internal auditors and inspectors sufficient authority to make independent and technically justified decisions during the internal controls?
- Does the financial organization have internal control processes to ensure that the persons who capture and code the data are doing so accurately and consistently?
- Does the board of directors effectively monitor operational and financial performances, as well as the integrity of your organizations internal control processes?
- Is the board/audit committee satisfied with managements assurances in relation to your organizations risk management and internal control and compliance systems?
- Does the audit process address the reliability of financial statements, regularity of transactions and functioning of internal control and procurement systems?
Complete the self assessment, on your own or with a team in a workshop setting. Use the workbook together with the self assessment requirements spreadsheet:
- The workbook is the latest in-depth complete edition of the Internal Control book in PDF containing 992 requirements, which criteria correspond to the criteria in...
Your Internal Control self-assessment dashboard which gives you your dynamically prioritized projects-ready tool and shows your organization exactly what to do next:
- The Self-Assessment Excel Dashboard; with the Internal Control Self-Assessment and Scorecard you will develop a clear picture of which Internal Control areas need attention, which requirements you should focus on and who will be responsible for them:
- Shows your organization instant insight in areas for improvement: Auto generates reports, radar chart for maturity assessment, insights per process and participant and bespoke, ready to use, RACI Matrix
- Gives you a professional Dashboard to guide and perform a thorough Internal Control Self-Assessment
- Is secure: Ensures offline data protection of your Self-Assessment results
- Dynamically prioritized projects-ready RACI Matrix shows your organization exactly what to do next:
STEP 3: Implement, Track, follow up and revise strategy
The outcomes of STEP 2, the self assessment, are the inputs for STEP 3; Start and manage Internal Control projects with the 62 implementation resources:
- 62 step-by-step Internal Control Project Management Form Templates covering over 1500 Internal Control project requirements and success criteria:
Examples; 10 of the check box criteria:
- Communications Management Plan: What approaches to you feel are the best ones to use?
- Schedule Management Plan: Is the assigned Internal Control project manager a PMP (Certified Internal Control project manager) and experienced?
- Schedule Management Plan: Are internal Internal Control project status meetings held at reasonable intervals?
- WBS Dictionary: Are current budgets resulting from changes to the authorized work and/or internal replanning, reconcilable to original budgets for specified reporting items?
- Probability and Impact Matrix: How likely is the current plan to come in on schedule or on budget?
- Requirements Management Plan: How will unresolved questions be handled once approval has been obtained?
- Scope Management Plan: Is there a requirements change management processes in place?
- Lessons Learned: How many government and contractor personnel are authorized for the Internal Control project?
- Quality Management Plan: Is the steering committee active in Internal Control project oversight?
- Roles and Responsibilities: Is there a training program in place for stakeholders covering expectations, roles and responsibilities and any addition knowledge others need to be good stakeholders?
Step-by-step and complete Internal Control Project Management Forms and Templates including check box criteria and templates.
1.0 Initiating Process Group:
- 1.1 Internal Control project Charter
- 1.2 Stakeholder Register
- 1.3 Stakeholder Analysis Matrix
2.0 Planning Process Group:
- 2.1 Internal Control project Management Plan
- 2.2 Scope Management Plan
- 2.3 Requirements Management Plan
- 2.4 Requirements Documentation
- 2.5 Requirements Traceability Matrix
- 2.6 Internal Control project Scope Statement
- 2.7 Assumption and Constraint Log
- 2.8 Work Breakdown Structure
- 2.9 WBS Dictionary
- 2.10 Schedule Management Plan
- 2.11 Activity List
- 2.12 Activity Attributes
- 2.13 Milestone List
- 2.14 Network Diagram
- 2.15 Activity Resource Requirements
- 2.16 Resource Breakdown Structure
- 2.17 Activity Duration Estimates
- 2.18 Duration Estimating Worksheet
- 2.19 Internal Control project Schedule
- 2.20 Cost Management Plan
- 2.21 Activity Cost Estimates
- 2.22 Cost Estimating Worksheet
- 2.23 Cost Baseline
- 2.24 Quality Management Plan
- 2.25 Quality Metrics
- 2.26 Process Improvement Plan
- 2.27 Responsibility Assignment Matrix
- 2.28 Roles and Responsibilities
- 2.29 Human Resource Management Plan
- 2.30 Communications Management Plan
- 2.31 Risk Management Plan
- 2.32 Risk Register
- 2.33 Probability and Impact Assessment
- 2.34 Probability and Impact Matrix
- 2.35 Risk Data Sheet
- 2.36 Procurement Management Plan
- 2.37 Source Selection Criteria
- 2.38 Stakeholder Management Plan
- 2.39 Change Management Plan
3.0 Executing Process Group:
- 3.1 Team Member Status Report
- 3.2 Change Request
- 3.3 Change Log
- 3.4 Decision Log
- 3.5 Quality Audit
- 3.6 Team Directory
- 3.7 Team Operating Agreement
- 3.8 Team Performance Assessment
- 3.9 Team Member Performance Assessment
- 3.10 Issue Log
4.0 Monitoring and Controlling Process Group:
- 4.1 Internal Control project Performance Report
- 4.2 Variance Analysis
- 4.3 Earned Value Status
- 4.4 Risk Audit
- 4.5 Contractor Status Report
- 4.6 Formal Acceptance
5.0 Closing Process Group:
- 5.1 Procurement Audit
- 5.2 Contract Close-Out
- 5.3 Internal Control project or Phase Close-Out
- 5.4 Lessons Learned
With this Three Step process you will have all the tools you need for any Internal Control project with this in-depth Internal Control Toolkit.
In using the Toolkit you will be better able to:
- Diagnose Internal Control projects, initiatives, organizations, businesses and processes using accepted diagnostic standards and practices
- Implement evidence-based best practice strategies aligned with overall goals
- Integrate recent advances in Internal Control and put process design strategies into practice according to best practice guidelines
Defining, designing, creating, and implementing a process to solve a business challenge or meet a business objective is the most valuable role; In EVERY company, organization and department.
Unless you are talking a one-time, single-use project within a business, there should be a process. Whether that process is managed and implemented by humans, AI, or a combination of the two, it needs to be designed by someone with a complex enough perspective to ask the right questions. Someone capable of asking the right questions and step back and say, 'What are we really trying to accomplish here? And is there a different way to look at it?'
This Toolkit empowers people to do just that - whether their title is entrepreneur, manager, consultant, (Vice-)President, CxO etc... - they are the people who rule the future. They are the person who asks the right questions to make Internal Control investments work better.
This Internal Control All-Inclusive Toolkit enables You to be that person.
Includes lifetime updates
Every self assessment comes with Lifetime Updates and Lifetime Free Updated Books. Lifetime Updates is an industry-first feature which allows you to receive verified self assessment updates, ensuring you always have the most accurate information at your fingertips.