QUESTIONNAIRE ON INTERNAL CONTROL POLICY

To Whom It May Concern

I would like to invite you to participate in a survey to investigate certain subcomponents of the
internal control environment. It should not take more than 8 12 minutes of your time. Your
responses are very important for our research. Responses you record here will be kept strictly
confidential and this information wont be shared with anyone except the purpose of this
research. We sincerely thank you for your participation.
Name of the Company:
Sector:
Name of the Respondent:
Position in the organization:
Duration of serving the organization:
Contact number (Mobile): . Office:

Management philosophy and operating style:

1. Does management emphasize short term profits and operating goals to

detriment of long term goals?

YES
NO
Prefer Not to Answer
2. Is the management group dominated by one or a few individuals?
YES
NO
Prefer Not to Answer
3. Is the management conservative or aggressive toward selecting from

available alternative accounting policies?

YES

NO

Prefer Not to Answer

Organization structure:
4. Is the up to date organization chart prepared, showing the names of key

personnel?
YES

NO

Prefer Not to Answer

5. Is the internal audit function separate and distinct from accounting?

YES
NO
Prefer Not to Answer
6. Do subordinate managers report to more than one superior?
YES
NO
Prefer Not to Answer

Anup Kumar Saha

Page 1

Assignment of Authority and responsibility:

7. Does the company prepare written employee job descriptions defining

specific duties and reporting relationships?

YES
NO
Prefer Not to Answer
8. Is written approval required for changes made to information systems?
YES
NO
Prefer Not to Answer
9. Does the company clearly delineate to employees and managers the

boundaries of authority-responsibility relationships?

YES
10. Does

NO

the company
departments?
YES

properly

delegate

Prefer Not to Answer

authority

NO

to

employees

and

Prefer Not to Answer

Human resource policies and practices:

11. Are new personnel indoctrinated with respect to internal controls, ethics

policies, and corporate code of conduct?

YES
NO
Prefer Not to Answer
12. Are grievance procedures to manage conflict in force?
YES
NO
Prefer Not to Answer
13. Does the company maintain a sound employee relations program?
YES
NO
Prefer Not to Answer
14. Do employees work in safe, healthy environments?
YES
NO
Prefer Not to Answer
15. Are counseling programs available?
YES
NO
Prefer Not to Answer
16. Are proper separation programs in force for employees who leave the firm?
YES
NO
Prefer Not to Answer
17. Are employees who have access to cash and other negotiable instruments

bonded?
YES

NO

Prefer Not to Answer

-Thanks for all your cooperation-

Anup Kumar Saha

Page 2