Control Intelligence

Capital Project Approval & Capitalization

Capital expenditure approval workflow, capitalization thresholds, and CIP tracking.

Sub-Process Score
88/ 100
Strong
10/10 responses received
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Control Objectives (1)

FA-CP-01
COSO P10COSO P12ICFR.FA.CP.01IIA IV.9.2
Capital projects are approved per the delegation of authority before spending begins.
Risk: Unauthorized or unbudgeted capital commitments.
Assessment Questions (3)
  • 01Capital approval form with DOA sign-off is required before PO issuance.Document
  • 02Capital vs. expense thresholds are documented and communicated.
  • 03CIP roll-forward is reviewed monthly by the Controller.