Beruflich Dokumente
Kultur Dokumente
INTERNAL CONTROL
Control Environment
1. What are the objectives of your business?
2. Do you have policies, standards or guidelines set in the business?
3. If yes, who are the people who make these policies?
4. Do you have an audit committee?
5. If yes, who are your internal and external auditors?
6. Does your business have an organizational chart?(if YES, please provide
us a copy)
7. Are the duties and responsibilities for the employees of your organization
defined and kept in writing? ?(if YES, please provide us a copy)
8. Do you have manual, certain standards or written policies regarding the
following? ?(if YES, please provide us a copy)
a) Hiring procedures
b) Promotions
c) Employee Performance Appraisal and Evaluation
d) Additional Compensation, Bonuses and Remuneration
Risk Assessment
9. How do you maintain competitive advantage in the business?
10. Do you have policies set in order to minimize credit risk in the
business?
11. If yes, what are these policies?
12. How do you deal with security risk?
13. What are the preparations of the business in case of bankruptcy?
Control Activities
1. How do employees record their working time? Are there any device to
record the working times of employees? Who monitors the record of the
working times of the employees?
2. Did the company install security cameras or CCTV cameras? How many
and what are the areas covered? Who monitors the CCTV coverage and
where does he/she keeps the files?
3. Who approves the documents for payments?
4. Who prepares check? Whose signatures are needed on the checks?
5. Who has an access to cash? How about to the vault where the cash is
kept?
6. Who has an access to accounting records?
7. Where do you keep business documents? Discuss the arrangement of the
documents and how long these documents are being kept?
8. How often are the accounts in the financial information being updated?
Are they properly reconciled? Are these supported by appropriate
business documents?
9. Are the documents properly filled up and are the information properly
checked? How does the management determine whether the information
found in the documents are reliable?
Monitoring
1. What are the permits being registered under the business name?
2. Are the buildings being checked for durability? Is there anyone in-
charged in checking whether the buildings are still safe? How often are
the buildings being checked?
3. Are there enough signs for fire exits or signs for safe area during
calamities? Are there signs being posted in areas to avoid danger? Are
these signs visible?
4. How many security guards are employed? Where do they usually guard
and what are their duties and responsibilities?
5. Are there fire alarms installed in the fire-hazard areas? Are they properly
working?
6. Is/Are there any person/s in charge in some areas of business to monitor
whether the business is complying with all laws applicable?
ACCOUNTING OPERATIONS
REVENUE COLLECTION
1. Do you accept the following other than cash as customers payment?
(Check if it is yes)
__ credit card
__ atm card
__check
2. What particular service has the largest share in the net income?
3. What are the steps and processes involved in the collection of revenue?
2. Who are the authorized personnel or officer to handle and fix the
problems involving disbursement transactions?
4. How can you detect the fraud and error that may possibly happen?
12. Are purchase orders required for purchasing all equipment and
services?
13. Are purchase orders controlled and accounted for by prenumbering and
keeping a logbook?
14. What are the departments responsible for the purchase and
disbursement of the company?
20. (If there is assigned person) Is there anyone who has the authority to
deposit the fund if the assigned person is not around?
PAYROLL