Internal Controls Rapid Performance Assessment

Effort:
10 hours
Duration:
1 week
Task:
Quick process assessment

There may be a fee associated with this assessment, learn more.

Gain best practices insights into creating cost-effective, flexible, and responsive internal control processes, and help your organization ensure management directives are carried out and necessary safeguards are implemented to guarantee compliance by completing the Internal Controls Rapid Performance Assessment.

Key measures in this brief assessment include:

  • Cycle time in calendar days (including weekends) from identification of change in risk until changes to risk management policies and procedures are completed and ready for deployment/communication/implementation by the business entity
  • Number of FTEs that perform the process "operate controls and monitor compliance with internal controls policies and procedures" per $1 billion revenue
  • Total cost to perform the process "operate controls and monitor compliance with internal controls policies and procedures" per $1,000 revenue

All submissions to APQC's benchmarking database, both Open Standards Benchmarking and Rapid Performance Assessments, must be collected using APQC's easy-to-use Microsoft Excel data collection instruments. Please download a fresh copy of the assessment file from the menu above by clicking the “Download Survey to Start Assessment” button.

Each benchmarking assessment offers an Excel-based data collection tool consisting of the survey itself, the measures associated with the survey, the glossary terms needed to understand the survey, and a copy of the Process Classification Framework (PCF) relevant to the data collection instrument. The consolidated data collection tool is intended to simplify the collection of benchmarking data within your organization.

How it works:

ASSESSMENT SUBMISSION GUIDE

Once you have completed the data collection instrument, simply upload the file using APQC's secure file upload tool. Visit this URL to upload your file: https://zurl.co/8Rg92. If you are unable to connect to that web site, please contact the helpdesk for more information by sending an email to [email protected]. Please do not send privileged, confidential, or non-public data to APQC via email. Please contact the helpdesk on [email protected] if you have any further questions.

APQC analysts will immediately begin validation of your submission.

Download Survey to Start Assessment