Innovation Fund Project

Environment Canada
Internal Control Policy Framework (ICF)

Complementary Departmental Policy Document to:

• Guidance for Deputy Ministers - a Framework of Expectations for DM's
• Management Accountability Framework (MAF) -Guidance on Control

Final Draft - Version 1c
March 2002
(Updated to July 2003)

Table Of Contents

Background and Purpose

Concepts of Internal Control

Elements of the Internal Control Framework

1. The Internal Control Environment
2. Organizational and Procedural Controls
3. Business Process Internal Controls

Standards of an Effective Internal Control System

1. The Control Environment
2. Risk Assessment
3. Control Activities and Segregation of Duties
4. Information and Communications
5. Active Monitoring and Correcting Deficiencies

Appendix A - Internal Control Environment Control Instruments

Appendix B - Organizational and Procedural Controls

Appendix C - Control Assessment Mechanism at Business Process Level

Appendix D - Glossary of Terms

Appendix E - Bibliography