Financial Compliance Questionnaire

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

Question

YES

NO

Not Applicable

Has the company implemented a compliance program?

Are there documented policies and procedures for financial operations?

Is there a designated compliance officer or team?

Are employees provided with training on compliance matters?

Section 2: Financial Reporting

Question

YES

NO

Not Applicable

Are financial statements prepared by GAAP/IFRS?

Is there a regular audit by an independent external auditor?

Are there controls in place to ensure the accuracy of financial reports?

Are financial reports filed timely with the relevant authorities?

Section 3: Anti-Money Laundering (AML)

Question

YES

NO

Not Applicable

Does the company have an AML policy?

Are customer identities verified according to KYC regulations?

Are suspicious transactions monitored and reported?

Is there ongoing AML training for relevant employees?

Section 4: Tax Compliance

Question

YES

NO

Not Applicable

Are taxes calculated and paid accurately and timely?

Is there a process for identifying and addressing tax risks?

Are tax filings reviewed and approved by competent personnel?

Does the company adhere to international tax compliance standards?

Section 5: Internal Controls

Question

YES

NO

Not Applicable

Are there adequate internal controls over financial reporting?

Is there a segregation of duties among employees handling finances?

Are there regular internal audits or reviews of financial activities?

Are there mechanisms for reporting and investigating financial irregularities?

Name: [Your Name]

Date: [Month, Day, Year]