walkthrough-and-control-testing

What problem does it solve?

It helps auditors and assurance teams design and execute walkthroughs and tests of controls to evaluate whether internal control designs are appropriate and operate effectively against identified risks.

Core Features & Use Cases

• COSO 2013-aligned control evaluation: Maps risks to control activities across the five components (control environment, risk assessment, control activities, information & communication, monitoring).
• Walkthrough + Test of Controls workflow: Guides selecting representative transactions, tracing end-to-end process flow, documenting RCM, and performing design effectiveness and operating effectiveness testing.
• Audit-ready documentation support: Provides sampling guidance, deviation handling, defect severity classification (material/significant/deficiency), and a structured working paper template.

Use case example: During an annual audit or SOX engagement, validate whether the purchase-to-payment approval and matching controls prevent or detect material misstatements by tracing a sample transaction and testing evidence supporting control execution.

Quick Start

Ask the skill to produce a COSO 2013 walkthrough and tests-of-controls working paper for a specified process, including an RCM and a sampling plan tailored to the control frequency.