financial controls management protiviti governance portal

Identify, Assess

Docum

ent, EvaluateClar

ify,

Mon

itor

Remediate, Report

Assess Current State• Establish top-down risk-based approach• Rationalize the control set to increase

reliance on entity-level controls• Reduce the number of key controls

required to be tested to maintain coverage over key ICFR risk

Control Documentation and Testing

• Create process, risk and control documentation in a central repository

• Evaluate design and operating effective-ness via integrated assessments

• Validate controls through comprehen-sive testing

Action Plans• Integrate remediation management into

your everyday process�• Design and implement solutions for

control gaps�• Utilize action plans, automatic emails

and reporting to ensure deficiencies are addressed

Reporting and Certification• Access all financial controls information

via dashboards, searches and reports• Facilitate your certification process �• Export results to Microsoft Word, Excel

and Adobe Acrobat PDF

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010.002.001 ProcessAccounts Payable

010.002.002 ProcessPayroll and Benefits

010.002.004 ProcessAccounts Receivable

and Collections010.002.005 General

Ledger Accounting(Close the Books)

010.002.001Journal Entries

Control Operating Effectiveness by Process

0% 5% 10% 15% 20% 25% 30% 35% 40%

Effective

Ineffective

Not Tested

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FINANCIAL ELEMENT CONTROLRISKOBJECTIVE

Name

005. Mortgage Portfolio

Loans Held for InvestmentAchieved

010. Cash and Cash Equivalents

*Cash and Cash Equivalents

020. Accounts Receivable

01. *Accounts Receivable

020. *Deferred Income Taxes, Other Current Assets

MitigatedNot EvaluatedNot Mitigated

EffectiveIneffective

EffectiveIneffective

EffectiveIneffectiveNot Tested

EffectiveIneffective

EffectiveIneffective

MitigatedNot Evaluated

MitigatedNot Mitigated

MitigatedNot Mitigated

Priority ObjectiveEvaluation

# #ControlAdequacy

ControlDesign

Achieved

Achieved

Achieved

3

1

1

2

3111

261

261

241

#

21

261

261

241

EffectiveIneffective

EffectiveIneffectiveNot Tested

EffectiveIneffectiveNot Tested

Operation Evaluation

#

52

3871

3871

3261

8

8

5

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