Sample real transactions against the controls every month

Compliance Monitoring & Testing policy, §4

Each month a sample of actual transactions is pulled and tested against the controls that should have applied to them. This checks that controls worked on live activity, not that a policy describes them.

Monthly

Each month, on the prior month’s activity

Define the population, draw the sample, test each item against the applicable controls, and record results in the Testing Log with exceptions and severity.

• Monthly testing workpaper

  Population, sample, procedure, item-level results, tester, date

Compliance Officer

Leela can pull the sample from your systems and prepare the workpaper for the tester to complete.

Tell Leela about your company to see whether this applies.