| Checklist Item | Status | Notes |
|---|---|---|
| Document internal financial controls | ||
| Review and update policies and procedures | ||
| Verify segregation of duties | ||
| Test access controls to sensitive financial data | ||
| Evaluate risk assessment processes | ||
| Review audit logs and monitoring activities | ||
| Perform user access reviews | ||
| Test backup and recovery processes | ||
| Examine incident response procedures | ||
| Review financial reporting processes and accuracy |