Empower your process owners to optimize internal controls and enhance financial reporting with our comprehensive Quarterly Self-Assessment Survey.

This meticulously designed tool aids process owners in conducting a thorough evaluation of the control systems within their respective sectors. The primary objective of this survey is to streamline the quarterly Section 404 assessment process. Notably, the survey assists in identifying modifications in existing IT processes, risks and control points, along with any new implementations that have taken place or are planned for future implementation. It also helps to keep track of any changes that might impact the internal control environment due to merger activities.

Furthermore, the questionnaire serves as an inventory management tool for maintaining a baseline record of spreadsheets and databases used in the financial reporting process. This aids in ensuring that all procedures are accurately documented and up to date. The document also facilitates communication between process owners and their staff members regarding completion and submission deadlines for each quarter's assessment, thereby ensuring timely performance evaluation and effective operational control.