The purpose of this questionnaire is to facilitate the quarterly assessment of controls surrounding the financial reporting process.
This questionnaire can be provided to managers or process owners to support the company’s efforts to identify any changes in controls and to help meet the requirements set out by the SEC. Sample questions include: What changes have occurred to the processes within your department since the last quarter? What internal controls within the above processes have changed since the last quarter? What systems changes have occurred since the last quarter? And, what personnel changes have occurred in your department since the last quarter?