Types of Review

What type of reviews are performed?

  • Financial Reviews - evaluate the accounting and reporting of financial transactions, including commitments, authorizations and receipts, and disbursement of funds.
  • Compliance Reviews - determine the degree of adherence to laws, policies, and procedures.
  • Operational Reviews - examine operating information and the means used to identify, measure, classify, and report such information; review the means for safeguarding assets; ascertain if results are consistent with management's objectives and goals and if the operations are being carried out as planned; appraise the economy and efficiency with which resources are employed; and review the systems established to ensure compliance with policies, procedures, plans, laws, and regulations.
  • Management Information Systems (MIS Reviews) - evaluate system input, output and processing controls, backup and recovery plans, and system data and physical security.
  • System Development and Implementation Reviews - provide input into the control aspects of major information systems development projects.  This input is designed to provide important feedback during the formative stages of information systems projects.