Description

The Compliance Testing Matrix (SKU.4013) is an Excel-based template designed to initially organize and document compliance testing efficiently. It includes fields for control or policy requirements, test procedures, sample sizes, exceptions noted, details of exceptions, compliance rates, conclusions, auditor comments, responsible persons, and corrective action plans, providing a structured way to track testing results and support audit evaluations.

Food for Thought: Compliance testing is a key audit method used to determine whether internal controls, processes, or policies are being followed as intended. Unlike substantive testing, which focuses on numbers and results, compliance testing focuses on behavior and adherence. Internal auditors typically use this technique when evaluating controls around areas like HR, finance, procurement, and regulatory compliance. It helps answer the question: Are people following the rules?