Questionnaire
Bridges Financial Group Questionnaire
If you answer NO to any one of the following questions…you need a bridge.
____ Are controls in place and regularly reviewed to ensure accuracy in reporting?
____ Is there a formal and regular financial review/approval process of your financial results?
____ Are the monthly financial closing processes repeatable predictable and documented?
____ Do decision makers have ready access to the information they need?
____ Can financial reports be generated on demand with the assurance they are current and correct?
____ Can a clear picture of the organization’s financial position be delivered in the current system?
____ Are costs and profitability easily understood (by business segment, department, product line, etc.,)?
____ Are key performance indicators in place and regularly tracked?
____ Do you measure actual results to a budget?
____ Do your customers receive regular monthly statements of their accounts?
____ Can you verify the accuracy of your inventory, your receivables, and your payables?
____ Do you deploy a reconciliation review process of all balance sheet accounts