The Financial Statement Close and Reporting Control Assessment Template addresses the following areas:

• Policy and Procedures
• Segregation of Duties (and access rules that support SOD)
• Non Routine Transactions
• Asset Impairment Assessment
• Foreign Currency Transactions
• Depreciation and Amortization
• Income Taxes
• Transfers from Sub-ledgers
• General Ledger Close
• Inter-company Accounts
• Consolidations
• Preparation of the Financial Statements
• Final Financial Statements and Disclosures, and
• Additional Considerations (IPE and Management Review Controls)

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.