How to Use This Assessment

1. Who Should Complete It


This assessment works best when completed by someone who understands daytoday financial processes, such as:

  • The business owner
  • Office manager
  • Bookkeeper
  • Operations or HR lead
  • Finance team member

Multiple people can complete it separately to compare perspectives.


2. How to Complete It


For each question, select Yes, No, or Unsure.

  • Yes = The control or practice is consistently in place.
  • No = The control or practice is not currently in place.
  • Unsure = You’re not certain, or the process is inconsistent.

“Unsure” simply highlights areas worth clarifying.


3. How to Interpret the Results


  • Mostly Yes

You have a solid foundation. Review any “No” or “Unsure” responses to identify opportunities for improvement.


  • Mix of Yes/No

Moderate risk. These areas may benefit from clearer procedures, better oversight, or stronger documentation.


  • Mostly No/Unsure

High risk. Consider prioritizing these areas for immediate attention or a deeper fraud risk review.


4. What to Do Next


  • Use your results to guide practical next steps, such as:
  • Updating or documenting procedures
  • Strengthening segregation of duties
  • Improving oversight or reporting
  • Reviewing access rights and technology controls
  • Providing staff training
  • Scheduling a deeper fraud risk assessment

This tool is a starting point — not a full audit — but it gives you clarity on where to focus.


5. When to Seek Support


If you identify multiple “No” or “Unsure” responses, or if you’d like help interpreting your results, Turning Numbers can provide:



  • A deeper fraud risk assessment
  • Internal control recommendations
  • Training for staff
  • Ongoing fraud prevention support