Milestones
The initiative has been structured to include stakeholders and participants from across campus in the review, analysis and design of UW-Madison’s financial controls processes and framework. The table below provides an overview of major initiative milestones. For a more detailed view of the activities, download the current Implementation Plan Update.
| Milestone | Planned Completion Date | Status |
|---|---|---|
| Initial Financial Glossary created | June 2016 | Completed |
| 2016 Financial Forum | February 2016 | Completed |
| Current State Conversation | September 2015 | Completed; September 30 |
| Launch selected process improvement projects | July 2015 | Started May 2015; 6 of 7 initial projects launched by June 30 |
| 2015 Financial Forum | April 2015 | Completed |
| Identification of additional process improvement projects | March 2015 | Completed |
| Project: Capital Equipment | December 2014 | Recommendations approved January 2015 |
| Opportunity identification/ recommendations (risk assessment) | August 2014 | Completed |
| Internal controls interviews | June-July 2014 | Completed |
| Review of existing financial data and audit reports | April-July 2014 | Completed |
| Campus Financial Forum (Initiative kickoff) | February 2014 | Completed |