Through our financial audits, we examine controls relating to financial reporting and compliance. We focus on the controls that are common across entities and whether they are consistent with the principles included in the Financial and Performance Management Standard 2019.

This annual internal control assessment tool helps entities understand and evaluate their internal controls. They can identify where they sit on a maturity scale for effective internal controls, and highlight areas for targeted improvement or where they should perform a deep dive assessment.

Our assessment tool for internal controls is scalable to an entity’s size and complexity.

The first page of each better practice tool provides guidance on how to use it, including which sections you may edit and input information into. To protect the tools’ integrity and functionality, certain cells, worksheets, and general formatting may be locked and are not editable; this does not inhibit use of the tool itself.