Control Intelligence

AI Analysis Results

Employee Master & Pay Changes — Payroll & HR

Back to Sub-Process
70
/ 100
Adequate
Overall Sub-Process Rating
Adequate — Control exists and operates; minor enhancements possible.
1 control evaluated4 strengths identified2 gaps identified
Executive Summary

The Employee Master & Pay Changes process demonstrates adequate controls overall, with most key controls designed and operating as intended. Certain areas require enhanced documentation or monitoring to close identified gaps, but no material weaknesses were noted during the assessment period.

Strengths
  • All pay-rate changes are authorized by HR and... is consistently executed
  • Management review is performed on a regular cadence
  • Training and awareness programs support control understanding
  • Key controls are documented in a centralized repository
Gaps
  • Evidence of review lacks timestamp and reviewer identity
  • Exception handling procedures are informal and inconsistently applied
Recommendations
  1. 1Conduct an annual control design assessment aligned with framework updates
  2. 2Develop a remediation tracker with defined SLAs and escalation paths
  3. 3Implement a workflow tool that captures reviewer identity and timestamp for all approvals
Framework Mapping
COSO 2013
Principle P10Principle P12
SOX 404
ICFR.PR.EM.01
IIA Standards 2024
IV.9.2

Control-Level Breakdown (1)

PR-EM-01AdequateScore: 74/100
All pay-rate changes are authorized by HR and a manager.
Key Finding

The control is in place and generally operating as intended. All pay-rate changes are authorized by HR and a manager. Minor documentation or timeliness gaps were noted but do not represent material risk.

Recommendation

Enhance documentation and monitoring for: all pay-rate changes are authorized by hr and a manager. Ensure review evidence includes timestamps and reviewer identity.

Framework Tags
COSO P10COSO P12ICFR.PR.EM.01IIA IV.9.2