What does Control Self-Assessment primarily involve?

Control Self-Assessment primarily involves an evaluation process carried out by the users themselves within an organization. This practice empowers employees at various levels to assess the effectiveness of internal controls, identify risks, and ensure that processes align with the organization’s objectives. By engaging employees directly in this assessment, organizations encourage ownership and accountability regarding their processes and controls.

This method complements external audits by providing front-line insights that external auditors may not capture. It also fosters a culture of continuous improvement as employees are actively involved in the governance and risk management processes. Control Self-Assessment can lead to better alignment of controls with actual practices and help identify areas for improvement from the perspective of those who utilize the controls on a daily basis.