Internal Control Management Software
Dioceses and similar non-profit organizations face a difficult problem managing internal control issues. Our enormous
reliance on volunteers, low pay scales and an overall ‘culture of
trust' has lead to various thefts and property losses that are all too
eagerly reported by the news media. In the post-ENRON era, the
importance of developing internal controls and measuring compliance has
never been greater.
But where to start?
Almost every diocese has an internal audit group or individual. At
best, each parish is visited once every three years, or when a pastor
changes. An enormous amount of time is spent by these individuals on
- Where are the papers from the last audit?
- Are findings being followed-up?
- Where is the most current audit questionnaire ?
- Where are all the papers left by the last audit.
- Does our audit questionnaire properly reflect the policies and procedures manual?
- How up to date is the policies and procedures manual, and do the pastors have the current copy?
If any of these issues affect you, CPI and ePM can help.
has developed Diocesan-specific Internal Control and Parish Audit
Management templates based on ePM's Enterprise Risk Management
software. Our solution allows you to streamline the process of
performing parish audits by organizing all the operational policies and
procedures, risks and controls and parish audit results into a single
database. All audit findings and follow-up items are stored in the
system. Various reports can be generated for review with the pastor,
and comparisons among parishes can be prepared for chancery and audit
committee review. In short, CPI's ePM templates allow you to leverage
your existing Internal Audit staff to get more done in less time.
is a software ‘container' for internal control management.
(www.eProcessManager.com/diocesan_parish_dfmc.aspx) ePM was developed
by T1-MAS to allow organizations to meet the demands of Sarbanes-Oxley
legislation, which mandated publicly traded companies and organizations
receiving public funding to verify they are compliant with financial
best practices. EPM goes beyond SOX compliance by allowing the entry
and maintenance of policies and procedures, audit testing and results,
assignment of compliance responsibilities to individuals and
departments, and many more features. Rather than seeing compliance as a
burden, ePM allows you to state your best practices, then measure your
compliance with your stated objectives.
Please contact us for more information. We will be exhibiting at the upcoming DFMC conference in Sept 2011.