Internal Control Questionnaires

During the planning phase of an assurance audit, IACS may use an Internal Control Questionnaire (ICQ) to help evaluate internal controls in specific areas. By asking key questions, IACS often uses an ICQ as a starting point and then supplements it with other information gathering and control evaluation techniques, such as flowcharting and documentation review.

Below are three common ICQs that, together with IACS staff, audit clients may be use to help assess their operation.