1. ACC 544 Entire course (Internal Control Systems)
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Week One
Individual Assignment: Recommendation Brief for an Internal Accountant
A client has an out of control system and a recommendation has been made to
hire an internal accountant.
· Write a 350- to 700-word recommendation brief for the client, in which you
justify the benefits of using an internal auditor.
· Conclude your recommendation by referring a particular person for the job
based on their background. You can use a fictitious name like “John Doe” if you
want but there has to be a name of a recommended person in your paper.
· Explain how that background experience of your referral will benefit the client
firm.
· You must include at least 1 reference.
Week 2
1. Individual Assignment: Justification for an Internal Control System
Leadership confronts you, as a controller, and questions the need for an internal
control system.
· Write a report of no more than 700 words, justifying the need for the system
when controls are in place with insurance and portfolio approaches.
· Explain why current approaches are valid but why an internal system will be
more beneficial.
You must include at least 1 reference.

2. Week 3
Individual Assignment: Checklist for Evaluating Internal Controls
Individual Assignment: Checklist for Evaluating Internal Controls
Prepare a comprehensive checklist for evaluating internal controls.
Use the checklist to outline phases of the control evaluation.
The assignment for this week challenges you to contemplate internal controls and
provide a comprehensive checklist to evaluate those controls. The checklist also
challenges you to think of orderly phases for efficiency and thoroughness. This
assignment is very important and as I grade your assignments for this week, I will
look for comprehensive, usable, and organized logical phases from your
checklist. I have provided two examples of what I expect to see in this week's
assignment. As I have advise to many prior students; is to focus on one specific
area of control when working on this assignment (for ex: petty cash, human
resources, AR, AP, inventory...etc...). Try to break down the specific area of
control on a specific task and this will make your assignment so much easier to
complete. Also, set yourself looking from a CPA's point of view that if you were to
review your client's internal controls for a specific area of control, what are you
evaluating? What are the details of that area of control? Etc...
The checklist must breakdown the three Phases:
Phase 1: Understanding
Phase 2: Assessment
Phase 3: Testing
Along with the phases you should identify your assignment with the following
internal control evaluation major components:
1. Control Environment
2. Risk Assessment
3. Control Activities
4. Information and Communication
5.Monitoring.
Week 4
Learning Team Assignment: Controls for Inflows

3. Design a proposal for the appropriate controls to cover the following areas:
· Cash
· Sales
· A/R
· Inventory
· Production
Graded rubric and corrected file attached. Scored 14.5/15 with points deducted
for grammatical errors.
Week Five
Learning Team Assignment: Controls for Outflows
· Design a proposal for appropriate controls to cover purchasing, accounts
payable, cash disbursements, finance, investment, and payroll.
· Include at least 3 references in your paper.
Week 6
Individual Assignment: Controls for IT and Reporting & Evaluation
· Imagine you are a controller for a company.
· Identify the internal control reporting options.
· Create criteria against which the options can be evaluated.
· Be sure to include internal controls for IT.