EM-07—Financial Control Review
>Control Description
Internal financial control assessment results are reported to the Audit Committee by the Chief Audit Executive on a quarterly basis and support the CEO/CFO 302/404 certifications.
Theme
Process
Type
Preventive
Policy/Standard
Information Systems Operations Policy>Implementation Guidance
1. Ensure Chief Audit committee shall report the internal financial control assessment results to the Audit Committee on a quarterly basis.
>Testing Procedure
1. Inspect Minutes of the audit committee meeting to ensure internal financial control assessment results are discussed and reported on a quarterly basis.
>Audit Artifacts
E-EM-14
>Framework Mappings
Cross-framework mappings provided by Adobe CCF Open Source under Creative Commons License.
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