Control Intelligence

AI Analysis Results

Cash Positioning & ForecastingTreasury & Cash Management

Back to Sub-Process
88
/ 100
Strong
Overall Sub-Process Rating
StrongControl is designed well, operating consistently, and monitored.
1 control evaluated5 strengths identified2 gaps identified
Executive Summary

The Cash Positioning & Forecasting process demonstrates a strong control environment with well-designed, consistently operating, and actively monitored controls. Documentation is current, segregation of duties is enforced, and management review is evidenced. Minor opportunities for continuous improvement exist but do not represent material risk.

Strengths
  • Daily cash position is prepared and reviewed by... is consistently executed
  • Management review is performed on a regular cadence
  • Exception reporting is generated and reviewed timely
  • Key controls are documented in a centralized repository
  • Training and awareness programs support control understanding
Gaps
  • Access recertification cadence does not meet policy requirements
  • Remediation timelines are not tracked against defined SLAs
Recommendations
  1. 1Automate exception detection and route alerts to control owners within 24 hours
  2. 2Strengthen documentation requirements to include evidence retention standards
  3. 3Implement a workflow tool that captures reviewer identity and timestamp for all approvals
Framework Mapping
COSO 2013
Principle P10Principle P7
SOX 404
ICFR.TR.CM.01
IIA Standards 2024
IV.9.2

Control-Level Breakdown (1)

TR-CM-01AdequateScore: 78/100
Daily cash position is prepared and reviewed by the Treasurer.
Key Finding

The control is in place and generally operating as intended. Daily cash position is prepared and reviewed by the Treasurer. Minor documentation or timeliness gaps were noted but do not represent material risk.

Recommendation

Enhance documentation and monitoring for: daily cash position is prepared and reviewed by the treasurer. Ensure review evidence includes timestamps and reviewer identity.

Framework Tags
COSO P7COSO P10ICFR.TR.CM.01IIA IV.9.2