Free Financial Compliance Questionnaire Template
Financial Compliance Questionnaire
This Financial Compliance Questionnaire is designed to assess the adherence of [Your Company Name] to financial laws, regulations, and best practices. It aims to identify areas of non-compliance and potential risks, ensuring that financial activities align with legal standards and ethical practices.
Section 1: General Compliance
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Question |
YES |
NO |
Not Applicable |
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Has the company implemented a compliance program? |
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Are there documented policies and procedures for financial operations? |
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Is there a designated compliance officer or team? |
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Are employees provided with training on compliance matters? |
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Section 2: Financial Reporting
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Question |
YES |
NO |
Not Applicable |
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Are financial statements prepared by GAAP/IFRS? |
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Is there a regular audit by an independent external auditor? |
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Are there controls in place to ensure the accuracy of financial reports? |
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Are financial reports filed timely with the relevant authorities? |
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Section 3: Anti-Money Laundering (AML)
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Question |
YES |
NO |
Not Applicable |
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Does the company have an AML policy? |
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Are customer identities verified according to KYC regulations? |
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Are suspicious transactions monitored and reported? |
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Is there ongoing AML training for relevant employees? |
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Section 4: Tax Compliance
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Question |
YES |
NO |
Not Applicable |
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Are taxes calculated and paid accurately and timely? |
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Is there a process for identifying and addressing tax risks? |
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Are tax filings reviewed and approved by competent personnel? |
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Does the company adhere to international tax compliance standards? |
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Section 5: Internal Controls
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Question |
YES |
NO |
Not Applicable |
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Are there adequate internal controls over financial reporting? |
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Is there a segregation of duties among employees handling finances? |
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Are there regular internal audits or reviews of financial activities? |
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Are there mechanisms for reporting and investigating financial irregularities? |
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Name: [Your Name]
Date: [Month, Day, Year]
