Context

Tool mentors explain how a tool can perform tasks, which are part of ITUP processes and activities. The tasks are listed as Related Elements in the Relationships section.

You can see the details of how processes and activities are supported by this tool mentor, by clicking the links next to the icons:

•   Financial Management
  •   Perform Financial Accounting

Details

Documenting the Risk and Control Environment

Workplace for Business Controls and Reporting (WBCR) provides the ability to model organization and process through the integration of two hierarchies: an organizational hierarchy that supports an unlimited non-symmetrical organizational structure, and a process hierarchy that is based on the requirements of industry leading risk and control frameworks. 

Indications: a) check marks – certification of objects, b) file cabinets – files and URL attachments, c) locks – access control assignments through ownership and delegate assignments. 

Evaluating the Risk Control Environment

WBCR provides a rich environment for testing and evaluation of controls and risks evaluation. Evaluations are performed as required and the results, including control remediation and risk action plans, are recorded and tracked.

Control Evaluation

Risk Evaluation

Analysis and Reporting

WBCR provides analysis of the risk and control environment through a variety of dashboards and other reports.

For more information

For more information about this tool, click IBM® Workplace for Business Controls and Reporting™ at the top of this page.