Management Control Review Template for Germany

1. IT Systems and Controls: Specific section for technology-dependent control systems, relevant for companies with significant IT infrastructure

2. Financial Controls Review: Detailed assessment of financial control mechanisms, particularly important for larger organizations or those in financial sectors

3. Works Council Involvement: Section addressing employee representation in control processes, required when works council exists

4. International Operations: Additional controls for organizations with cross-border operations

5. Industry-Specific Controls: Specialized control requirements based on industry regulations

6. Environmental Risk Controls: For organizations with significant environmental impact or responsibilities

7. Data Protection Controls: Detailed section on GDPR and BDSG compliance, essential for data-intensive operations

1. Schedule 1: Control Assessment Matrix: Detailed matrix showing all control points and their evaluation

2. Schedule 2: Risk Register: Comprehensive list of identified risks and control measures

3. Schedule 3: Organizational Chart: Detailed structure showing control and reporting lines

4. Schedule 4: Review Methodology: Detailed procedures and techniques used in the review process

5. Schedule 5: Documentation Templates: Standard forms and templates for control documentation

6. Appendix A: Regulatory Requirements: Detailed list of applicable German regulatory requirements

7. Appendix B: Control Testing Results: Detailed results of control effectiveness testing

8. Appendix C: Action Plan Template: Template for documenting and tracking recommended improvements