Controls Monitoring Quarterly Assessment Report

This sample report details an internal audit department’s quarterly assessment of ongoing controls monitoring processes. It provides an overview of the work performed and corresponding audit findings.

Testing involved a review of procedures related to appropriate action plans in support of remediation efforts designed to address identified control deficiencies, the preparation and compilation of quarterly reporting packages (QRPs), the performance of finance site reviews by the corporate controller, the performance of IT site reviews by the IT group, and the performance of site reviews by the global human resources team.