Platform: Risk Assessment Platform
Applies to: End User Roles (e.g. Standard, Approver)
Reports
There are two types of assessment-related reports available to users:
Assessment Unit Report
The final stage in the process is to review the overall risk ratings, add comments or actions for the board or senior management, generate the assessment unit report, and publish it to save a read-only version of the assessment unit.
This report page shows the assessment unit's Overall Inherent Risk Rating, Control Effectiveness, and Residual Risk Rating.
Scrolling down reveals graphs for Inherent Risk Rating by Group, Controls Effectiveness by Category, and Residual Risk by Risk Factor.
Users with override permissions are able to override the Risk Ratings for the Assessment Unit. This will prompt for comments on the override. The override and comments will appear in the audit and generated reports.
Hovering over a section of the bar charts displays the rating label, count, and percentage. Clicking on a section of the bar chart drills down to the risks/controls that belong to the respective rating.
Comment fields are available under Inherent Risk Rating by Group, Control Effectiveness by Group, and Residual Risk by Risk Factor.
Users may also add any Actions related to the assessment unit that should be brought to the attention of the board or senior management in the Executive Summary.
Print the Assessment Unit Report
The Action menu () allows you to produce a Word version of the Assessment Unit report at any point during the assessment process.
Use the Report Configuration function to include or exclude chapters in the Word version of the report.
After the Assessment Unit report is generated, it can be customised as required for presentation to senior management and/or the board of directors. The final version of the Word report can then be attached to the Assessment Unit using the Attach Final Report function in the Action menu.
Complete the Assessment Unit
Once the Assessment Unit is deemed complete, it should be Published (press the Publish button) so that the Assessment Unit data cannot be edited.
Assessment Report
The Assessment Report aggregates the risk across all assessment units. It can be generated as a Word document at any time during the assessment process and is based on all assessment unit data entered to that point.
The Assessment Report page shows the Overall Inherent Risk, Control Effectiveness, and Residual Risk Ratings for all assessment units in the assessment or the assessment units defined in the selected Custom Report Group (if any).
Users may also add comments and actions related to the assessment that should be brought to the attention of the board/senior management in the Executive Summary.
Weightings and Custom Report Groups
The Assessment Units should be assigned weightings by clicking the Weight column header (this can also be done from the Assessment Unit History page).
This opens the weightings window where assessment units can be included/excluded and weightings applied.
Functions on this page:
- Use the handle (
) to the left of assessment units to change their position in the list.
- Use the checkbox to include or exclude an assessment unit from the report group.
- Enter values in the Weight column to specify the weighting for each assessment unit; or
- Press the Distribute Equally button to distribute weightings between the selected assessment units equally.
- Press the Save button to update the default; or
- Use the Save As button to create a custom report group. Multiple report groups can be created and used.
Custom Report Groups can be edited and deleted using the Custom Report Group Details function in the Action menu ().
Print the Assessment Report
The Action menu () allows you to produce a Word version of the Assessment report at any point during the assessment process.
Use the Report Configuration function to include or exclude chapters in the Word version of the report.
The report can be run for a specific custom report group by selecting it from the Run Assessment Report dropdown options in the Action menu.
After the Assessment Report is generated as a Word document, it can be customised as required for presentation to senior management and/or the board of directors. The final version of the Word report can then be attached to the Assessment using the Attach Final Report function in the Action menu.
Complete the Assessment
Once all Assessment Units are published, the Assessment process is ready to enter the final stage. Enter an executive summary and comments on the Assessment's Report page as needed.
Once the Assessment is deemed complete, it should be Published (press the Publish button) so that the Assessment data cannot be edited.
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