10 Controls
Control is a measure taken to mitigate a regulatory reporting risk. Control measures help an organization to avoid risks that may otherwise hamper a business due to inconsistency in reporting. Controls are defined to ensure that the data elements used for various business processes are accurate in value and obtained in time.
The controls identified for risk mitigation can be recorded and stored in a repository. This section helps in capturing Controls, and assesses their effectiveness in avoiding the risks of reporting.
Control effectiveness establishes the confidence factor in data elements and their values.
- Quality Controls: They are used to assess data accuracy.
User Roles and Actions
All the users are required to be mapped to the following user groups and user
roles:
Table 10-1 User Groups
| Group Code | Group Name |
|---|---|
| DGAPPGRP | DGS App Menu Group |
| ISSUEANLST | Issue Analyst Group |
| ACTNANLST | Action Analyst Group |
Table 10-2 User Role
| Role Code | Role Name |
|---|---|
| CTLVIEWR | Control Viewer |