Board and committee pack
None of the held texts sets a fixed period on this consumer; every row below reads no period set by the text. Paste one job that feeds this consumer, for example board_pack_kpi, weekly, and the register reads its period against the clocks below, names the gap in hours, and carries the question for its owner.
Matched on the job name or the consumer column by these words: board pack, board report, committee pack, board, audit committee, risk committee, board pack.
The clock each rule sets
| Regime | Clock | Clause |
|---|---|---|
| CPS 234 | no clock | CPS 234 para 28 Escalation of Unremediated Testing Deficiencies |
| SOX 404 / ICFR named reference | no clock | SOX 404 ENT-2 Audit Committee Oversightquoted below |
| BCBS 239 named reference | no clock | BCBS 239 Principle 7 Accuracy (Reporting)quoted below |
Named reference beside this class, SOX 404 ENT-2 Audit Committee Oversight: The audit committee oversees ICFR, financial reporting, and external auditor independence with documented charter and meeting cadence.
Named reference beside this class, BCBS 239 Principle 7 Accuracy (Reporting): Risk management reports should accurately and precisely convey aggregated risk data and reflect risk in an exact manner. Reports should be reconciled and validated.
Questions this page answers
How often does APRA CPS 234 require board and committee pack?
The held text of CPS 234 para 28 (Escalation of Unremediated Testing Deficiencies) sets no fixed period: no period set by the text. Testing results that identify control deficiencies which cannot be remediated in a timely way must be escalated and reported to the Board or senior management.
What does the register ask the owner of a board and committee pack job?
Which figures in the pack are produced by jobs in this register, and does the pack state their as-at time?
The clauses in full
Testing results that identify control deficiencies which cannot be remediated in a timely way must be escalated and reported to the Board or senior management.
What an assessor asks to see: Escalation records for unremediated deficiencies; Board or senior management reporting packs; Remediation tracker with timeliness assessment. Where it usually falls short: Deficiencies tracked operationally but never escalated
The audit committee oversees ICFR, financial reporting, and external auditor independence with documented charter and meeting cadence.
What an assessor asks to see: audit committee charter; independence assessments; meeting minutes; agendas. Where it usually falls short: Audit Committee charter not refreshed when responsibilities change
Risk management reports should accurately and precisely convey aggregated risk data and reflect risk in an exact manner. Reports should be reconciled and validated.
What an assessor asks to see: Reconciliation and validation procedures for risk reports prior to distribution; Defined accuracy requirements and validation sign-offs for reports; Documentation of report data sources and calculation methods; Error log and correction process for risk reports. Where it usually falls short: Reports distributed without validation or reconciliation
Requirement text quoted from the standards themselves, published at compliance.theartofservice.com, the same publisher as this register, read against the held text of each standard: our statement of each clause, not the instrument verbatim. Run this job through the register