This sample questionnaire can be presented to managers or process owners before conducting an audit of fix. It is intended to help the internal audit department understand existing business processes and management’s view of the internal control environment.
This questionnaire includes five sections: background information, segregation of duties, internal control identification, internal control assessment, and walkthrough comments. Sample questions for the assessment include: How would you evaluate the effectiveness of the current process in achieving the following control objectives? Are there internal control concerns related to this process which require immediate attention?