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Process risk control matrix

For a full description of this kind of risk-control matrix refer to the web page "Matrix
Mapping: the easiest and best way to map internal controls" at
www.internalcontrolsdesign.co.uk/matrices.
In this template there are three distinct groups of controls: those already in place,
those agreed but not yet operating (i.e. in development), and those proposed but not
yet agreed on.
After each set of controls there are revised summaries of the level of control
provided.
Several columns are provided for capturing information about controls and you use,
ignore, or add to them as you wish.
The set of control objectives can also be changed, and you can even add extra ones
if you like.
Another refinement you could add is to insert an assessment of the inherent risk
involved with each step and each control objective. Then add more summary
formulae to study how the risk levels stack up to the control levels.

Sort Control group

Control

Control ID Ref to detail

CONTROLS CURRENTLY IN PLACE


1 Monitoring
Business monitoring report: debtors
2 Monitoring
Process monitoring report: process stats
etc etc
etc

m1
m2

Summary scores C
A
V
U

CONTROLS IN DEVELOPMENT
1 Monitoring
Business monitoring report: debtors
2 Monitoring
Process monitoring report: process stats
etc etc
etc

m1
m2

Summary scores C
A
V
U

CONTROLS PROPOSED
1 Monitoring
Business monitoring report: debtors
2 Monitoring
Process monitoring report: process stats
etc etc
etc

m1
m2

Summary scores C
A
V
U

xxxx

Owner operational

Owner development

Frequency

Sampling

To do
date

Performance
evidence

Performance
rating

Objectives
Development
Operation cost cost
C

1
1

0
1

1
0

Summary scores

1
2
3
4

1
1

1
1

1
1

Summary scores

Step A

1
1

C
A
V
U

1
1

Summary scores

1
1

Process steps

C
A
V
U

C
A
V
U

Step D

1
1

0
0
0
0

0
0
0
0

0
0
0
0

0
0
0
0

1
1

0
0
0
0

0
0
0
0

0
0
0
0

0
0
0
0

0
0
0
0

0
0
0
0

1
1

0
0
0
0

Step E

1
1

0
0
0
0

1
1

Step C

0
0
0
0

1
1

1
1

Step B

0
0
0
0

0
0
0
0

ps

Step F

Step G

1
1

0
0
0
0

0
0
0
0

1
1

0
0
0
0

0
0
0
0

1
1

0
0
0
0

0
0
0
0