Control Intelligence

AI Analysis Results

Investments & Debt ComplianceTreasury & Cash Management

Back to Sub-Process
58
/ 100
Needs Improvement
Overall Sub-Process Rating
Needs ImprovementControl is partially in place or inconsistently operated.
1 control evaluated3 strengths identified3 gaps identified
Executive Summary

The Investments & Debt Compliance process exhibits controls that are partially in place or inconsistently operated. Several gaps in design effectiveness and operating consistency were identified that, if left unaddressed, could elevate residual risk beyond the organization's tolerance. Prompt remediation is recommended.

Strengths
  • Investment decisions comply with an approved investment policy.... has been partially implemented
  • Key controls are documented in a centralized repository
  • Exception reporting is generated and reviewed timely
Gaps
  • Evidence of review lacks timestamp and reviewer identity
  • Exception handling procedures are informal and inconsistently applied
  • Monitoring controls are not formally documented or tested
Recommendations
  1. 1Implement a workflow tool that captures reviewer identity and timestamp for all approvals
  2. 2Develop a remediation tracker with defined SLAs and escalation paths
  3. 3Establish a quarterly monitoring schedule with documented results and sign-off
Framework Mapping
COSO 2013
Principle P10
SOX 404
ICFR.TR.ID.01
IIA Standards 2024
IV.9.2

Control-Level Breakdown (1)

TR-ID-01Needs ImprovementScore: 53/100
Investment decisions comply with an approved investment policy.
Key Finding

The control is partially implemented but operates inconsistently. Investment decisions comply with an approved investment policy. Gaps in execution or evidence retention reduce assurance over this area.

Recommendation

Redesign the control to address inconsistencies. Specifically: investment decisions comply with an approved investment policy. Assign a control owner and establish a testing cadence.

Framework Tags
COSO P10ICFR.TR.ID.01IIA IV.9.2