The Baseline Controls in Small Entities Playbook (based on the AICPA’s “Examples of Controls in Small Entities”) provides a set of the most common basic ICFR controls intended to help management (including process owners), boards of directors and their audit committees, as well as internal and external auditors, to document, assess, test and report on the effectiveness of key controls on which management intends to place reliance to prevent and detect material misstatement and fraud in accordance with relevant corporate and regulatory requirements.

This Playbook of baseline controls addresses the following material classes of transactions, account balances, or disclosures:

• Financial Closing and Reporting
• Cash Management
• Accounts Receivable
• Inventory
• Property
• Accounts Payable
• Sales,  and
• Other Expenses

Can I adapt my own compliance materials into a smart Template?

Yes. If you already have compliance materials of your own, you can integrate them into a smart Compliance Template using the included development template. This allows you to supplement NORVA’s Compliance Assessment Templates with your own content while keeping the same practical, structured approach. 

Is my data private and secure?

Yes. All templates are encrypted to protect the privacy and confidentiality of your data. NORVA Solutions does not have visibility into any data you enter in your downloaded template.