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Audit Program Licensing Terms

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COSO - Integrated Internal Control Framework
COSO CONTROL COMPONENT: CONTROL ACTIVITIES
COSO CONTROL OBJECTIVE: OPERATIONS - Human Resource - Appraisal, Training and Development.
COSO ORGANIZATION LEVEL OF RESPONSIBILITY: BUSINESS UNITS AND ACTIVITY LEVEL

Control Objectives:
1) Ensure that effective performance and job evaluation policies are adapted
2) Ensure that every employee should be aware of the evaluation procedure
3) Ensure that appropriate procedures are in place to plan, deliver and evaluate training and development activity.
4) Ensure that regular review are carried out for appropriate staff training and development.
5) Ensure that staff training and development records are maintained and updated timely.

Control Level of Control


COSO Principle # CONTROL ACTIVITIES
Objective Ref. Responsibility Classification

Performance and job evaluation policies will be


1.1 categorically established by the Human Resource
department.

Preventive Evaluation policies will be reviewed by the Head of


1.2 Activity Level 10
Controls concerned department.

After recommended change from the concerned


1.3 departmental head, Human Resource department head
will approve the policies for implementation.
Control Level of Control
COSO Principle # CONTROL ACTIVITIES
Objective Ref. Responsibility Classification

Performance appraisal will be conducted by the concerned


2.1
department manager/head.

Every employee will be given an opportunity for discussion


2.2 Preventive
Activity Level 10 regarding appraisal.
Controls
Concerned department manager/head after discussion
2.3 with the employee forward the evaluation report along with
recommendations to the Human Resource department.

Training and development policies will be compiled by


3.1
Human Resource department.

Training and development policies will be review by


Preventive concerned departmental head and forward to the Human
3.2 Activity Level 10
Controls Resource department along with recommendations.

Head of Human Resource department will approved for


3.3
implementation.

Preventive Human Resource department will organize the basic


4.1
Control training session for all new and existing employees.

Training documents for every employees along with


Preventive feedback of every employee will be forwarded to the
4.2
Control Human Resource department.
Activity Level 10

Head of Human Resource department will conduct review


Monitoring on regular basis and incorporate the necessary changes in
4.3 the training and development policies taking consideration
Control
of the employees feedback.
Control Level of Control
COSO Principle # CONTROL ACTIVITIES
Objective Ref. Responsibility Classification

Preventive Every employee have individual training and development


5.1
Control files related to its training.

Every training and development sessions conducted will


Preventive be documented and appropriately recorded in employees
5.2
Control training files.
Activity Level 10
Human Resource department will be required to update
Preventive the training records on completion of every on going
5.3
Control training session.

Monitoring Head of Human Resource department will review the files


5.4
Control on regular intervals.

Name and Title of Department Director (please print)

Signature of Department Director

Date of Department Director's Signature