FEATURES AND BENEFITS OF VISUAL ASSURANCE

• Enterprise-wide integrated risk-control system mapped to corporate objectives and business risks
• Supports management's assertions concerning the effectiveness of the control structure and extent of compliance
• Self-assess against authoritative risk-control criteria (e.g., COSO, FSG, FCPA, CoCo, KonTraG, Turnbull, Basle, IOSCO, etc.)
• Demonstrate to the board, external auditors and regulators, at any given time, effective risk-control management
• Best practice process for risk-control takes a proactive positive approach focused on improving business performance
• Fewer control failures, increased likelihood of achieving corporate objectives, and improved shareholder value
• Intuitive ease-of-use maximizes productivity and minimizes time and disruption to operating personnel
• Global Best Practice guidance can be available on-line at the click of a button by process and at the enterprise level
• Rapid risk and exposure ranking methodology scaled by local and global risk tolerance levels (risk appetite)
• Alternative risk and exposure assessment options: Simple choice list, qualitative or quantitative impact and likelihood matrix
• Consistent and scalable risk control assessment filtered across all business units covering all business processes
• Qualitative and quantitative risk and residual exposure measurement rolled-up selectively to enterprise level
• Facility to capture and report actual loss sustained from inadequate risk management, control failures and lost opportunities
• Comprehensive reporting facility (Status Boards, Risk Screening Matrices, Color coded Graphs and Charts, Executive Summaries, Detailed Working Reports, Exception Reports and Project Tracking Timelines)
• Integrated project planning and setup to maximize the efficiency and economy of the self-assessment process
• Reports generated on screen, to selected printer or file (RTF to facilitate further word processing, or ASCII)
• Action Plans with tracked implementation deadlines to ensure acceptable levels of residual exposure
• Continuous Improvement Plans to promote economy, efficiency and effectiveness in support of shareholder value
• Flexible access security to segregate roles and responsibilities in accordance with management's criteria
• Integrated self-assessment to promote and facilitate risk-control ownership at operational level
• Cohesive, targeted internal audit facility for testing internal controls and validating risk control assessment
• Timeline project tracking and management facility across all business units
• Integrated internal audit compliance testing and verification, resource time allocation and tracking facility
• Internal Audit findings summary reporting facility across all business units and processes
• 'World-class' and 'best-practice' control activity capturing facility
• Knowledgebase content can be omitted to suit the particular circumstances and risk profile of each business unit
• Integrated authoring and tailoring facility to create content-rich Knowledgebases from templates and imported materials
• Import/export facility for client/server implementations where off-line stand-alone assessments are performed