FCM

1. Identify, Assess
Document,Evaluate
Clarify,Monitor
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
©2014ProtivitiInc.104181-1

2. 010.002.001 Process
Accounts Payable
010.002.002 Process
Payroll and Benefits
010.002.004 Process
Accounts Receivable
and Collections
010.002.005 General
Ledger Accounting
(Close the Books)
010.002.001
Journal Entries
Control Operating Effectiveness by Process
0% 5% 10% 15% 20% 25% 30% 35% 40%
Effective
Ineffective
Not Tested
©2014ProtivitiInc.104181-2
FINANCIAL ELEMENT CONTROLRISKOBJECTIVE
Name
005. Mortgage Portfolio
Loans Held for Investment
Achieved
010. Cash and Cash Equivalents
*Cash and Cash Equivalents
020. Accounts Receivable
01. *Accounts Receivable
020. *Deferred Income Taxes,
Other Current Assets
Mitigated
Not Evaluated
Not Mitigated
Effective
Ineffective
Effective
Ineffective
Effective
Ineffective
Not Tested
Effective
Ineffective
Effective
Ineffective
Mitigated
Not Evaluated
Mitigated
Not Mitigated
Mitigated
Not Mitigated
Priority Objective
Evaluation
# #Control
Adequacy
Control
Design
Achieved
Achieved
Achieved
3
1
1
2
3
1
1
1
26
1
26
1
24
1
#
2
1
26
1
26
1
24
1
Effective
Ineffective
Effective
Ineffective
Not Tested
Effective
Ineffective
Not Tested
Operation
Evaluation
#
5
2
38
7
1
38
7
1
32
6
1
8
8
5
©2014ProtivitiInc.104181-3
For additional details or to schedule a demo,
please email us at:
grc.software@protivitiglobal.in