Evaluate and enhance the financial processes of your organization with the recommendations in this audit report sample. Through structured interviews with key personnel, organizations can gain insights into the division of duties and workflows between entities, while identifying pain points and management policy updates. This tool emphasizes compliance with regulatory standards, including Sarbanes-Oxley Act requirements, thereby ensuring a solid foundation for internal controls and governance. It includes a systematic approach to policy development, covering phases from drafting to approval, which helps in standardizing high-risk business processes.

Organizations will find a detailed assessment of financial functions across departments like accounting, treasury and tax, highlighting key policies that govern these areas. Additionally, the report outlines non-policy recommendations aimed at optimizing processes, such as improving automation in accounting and refining budget management practices. Overall, the tool provides essential information to assess risks, enhance operational efficiency, and ensure adherence to best practices in financial management.

Financial function assessments include:

• Understand the division of duties between two companies.  
• Discuss views and suggestions on the division of work and the delegation of authorization.
• Understand the difficulties or pain points of both companies and provide corresponding advice.
• Obtain the existing management policies and follow up on the updates.