Are your finance function and internal controls
safe and decision-ready?
The finance function and internal controls health check is a self-assessment of 30 statements about who can move money, approvals, cash, reporting, the finance team and systems. It scores your business out of 5 on fraud resistance, decision readiness and finance execution, and shows what to fix first. It takes about 10 minutes and needs no accounting knowledge.
Does any of this sound familiar?
The health check is useful if any of the following apply to your business:
You see profits, but cash is always tight
You rely heavily on one person for finance control
You don’t fully trust reports until you double-check them
Fraud feels unlikely, but your controls have never been tested
Decisions are made using old numbers
You only get a full picture of the business when the auditor arrives
You feel blind between month-end reports
These are common signs that controls have not kept pace with the business.
What does the health check look at?
Six areas, with four to six statements each.
Fraud and money safety
Who can move money, change vendor bank details or post journals, and whether a second person checks.
Internal controls
Whether approval limits and processes are written down, followed and still work when a key person is away.
Cash flow and working capital
Cash forecasting, collections, customer credit limits, slow-moving stock and supplier payment planning.
Reporting and decisions
How fast the month is closed, whether reports are consistent, and whether margins and variances are visible.
Finance team
Whether finance flags risks early, catches its own errors and has backup for each key task.
Systems and data
Whether the ERP is the single source of truth, access is controlled, backups are tested and there is an incident plan.
Who is the health check for?
How does the health check work?
Answer 30 statements
Say whether each control exists and, if it does, how well it works on a scale of 1 to 5. No documents to upload.
Add your contact details
Your name and email, which we keep as a contact record. It takes about 10 minutes in total.
See your scores
Three scores out of 5, a band for each, and the points to fix first, shown on screen straight away.
What will you see at the end?
Prefer Excel?
Download the answer sheet, fill it in with your team, then upload it in the tool to see your scores. Values only, no formulas.
Start the finance controls health check
About 10 minutes. Your answers are sent to us only when you submit your contact details at the end.
The health check gives a management view based only on your answers. It is not an audit and does not replace professional advice.
What does the Finance Function and Internal Controls Health Check do?
This health check asks 30 practical questions about your finance function and internal controls: who can move money, approvals, cash, reporting, the finance team and systems. It scores fraud resistance, decision readiness and finance execution out of 5, places each in a band from Critical to Strong, and lists the points to fix first. It is written for owners and managers, with no accounting knowledge needed.
How to use it
- Answer the 30 statements on screen, or fill in the Excel answer sheet with your team and upload it.
- Add your name and email, which we keep as a contact record.
- See your three scores, their bands and the points to fix first, then download the PDF report or the Excel file.
Finance Function and Internal Controls Health Check: questions and answers
How long does the health check take?
About 10 minutes to answer the 30 statements.
Do I need an accountant to answer?
No. The statements are about how things work in practice, such as who approves payments and how quickly you get monthly numbers.
How are the scores worked out?
Each statement scores 1 to 5, and No scores 1. Fraud resistance weights fraud and money safety 45%, internal controls 30% and systems 25%. Decision readiness weights reporting 45%, cash and working capital 35% and systems 20%. Finance execution weights the finance team 40%, internal controls 30% and reporting 30%. Bands: Strong 4.0 to 5.0, Stable 3.2 to 3.9, At Risk 2.4 to 3.1, Critical below 2.4.
Can I fill it in Excel?
Yes. Download the blank answer sheet, fill it in, and upload it in the tool. The file is read in your browser and checked before any score is shown.
What happens to my answers?
When you submit your contact details at the end, they are emailed to Valorin with your answers and scores, and kept as a contact record. We may contact you once about your results. Nothing is sent before you submit, and an uploaded Excel file is read only in your browser.
Is the result tax or financial advice?
No. The result is an estimate for planning, based only on the figures and answers you enter. It is general information, not legal, tax or financial advice. For a decision, have your position reviewed against your full facts.
Related
Want a second opinion on your result? WhatsApp 058-2754282 or send a request.
General information only, not legal or tax advice.