Risalat Diagnostic Centre · Free self-assessment

Governance & Audit Assessment

Review accountability, internal control, risk management, internal audit and compliance — area by area — and see where your institution is exposed.

For: Boards, audit committees, senior management, finance and internal audit teams30 questions · 6 areasAbout 10 minutesNo sign-up · answers stay on your device
01Answer honestlyThink about how things actually work today, not the manual.
02Watch your resultsScores and risks update as you answer.
03Review prioritiesSee which areas need attention first.
04Save & sharePrint or save the results as PDF for your team.

Jump to my results ↓

01

Governance & Oversight

Is oversight clear, independent and documented?

1.1A board or oversight body provides effective oversight.
1.2Roles of the board and management are clearly separated.
1.3Conflicts of interest are declared and managed.
1.4Key decisions are documented with reasons.
1.5The institution reports transparently to stakeholders.
02

Internal Control

Do controls prevent errors, waste and misuse?

2.1A code of conduct sets expected behavior.
2.2Duties are segregated in key processes.
2.3Authorization limits are defined and applied.
2.4Accounts are reconciled regularly.
2.5Assets are recorded, tagged and verified.
03

Risk Management

Are risks identified, owned and managed?

3.1A risk management policy is in place.
3.2A risk register is maintained.
3.3Each key risk has an owner and mitigation actions.
3.4Risks are reviewed regularly.
3.5Key risks are reported to the board.
04

Internal Audit

Is internal audit independent and effective?

4.1An internal audit function exists and is independent.
4.2Audit plans are risk-based.
4.3Audits follow recognized standards.
4.4Audit results are reported to an audit committee or board.
4.5Audit recommendations are followed up to completion.
05

Compliance & Integrity

Are laws respected and integrity risks managed?

5.1Compliance with laws and regulations is monitored.
5.2An anti-fraud and anti-corruption policy is in place.
5.3Staff can report concerns through a safe whistleblowing channel.
5.4Allegations are investigated and acted on.
5.5Staff receive ethics and integrity training.
06

Financial Accountability

Is financial reporting timely, accurate and audited?

6.1Financial statements are prepared on time.
6.2External audits result in clean or improving opinions.
6.3External audit findings are resolved promptly.
6.4Budget versus actual is reported to management.
6.5Financial information is published where required.

Recommended support

Areas marked Priority (two or more answers of “Not at all” or “Partly”) are highlighted below.

Priority

Governance & Oversight

Corporate and public sector governance.

Governance, Risk & Compliance programmes →Management & Leadership programmes →
Priority

Internal Control

Internal control and financial management.

Governance, Risk & Compliance programmes →Accounting & Finance programmes →
Priority

Risk Management

Enterprise risk management.

Governance, Risk & Compliance programmes →
Priority

Internal Audit

Internal audit practice and standards.

Governance, Risk & Compliance programmes →Accounting & Finance programmes →
Priority

Compliance & Integrity

Compliance, anti-fraud and ethics.

Governance, Risk & Compliance programmes →
Priority

Financial Accountability

Financial reporting and audit readiness.

Accounting & Finance programmes →Governance, Risk & Compliance programmes →

This is a self-assessment based on your own answers — a structured first read, not an audit, evaluation or certification. Your answers are not sent or stored anywhere; they stay in your browser and disappear when you leave the page. For an independent, evidence-based governance and audit review with document review, interviews and a full report, Risalat can carry out a consultant-led review.

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