History of Control Self Assessment (CSA)

CSA as an audit model originated in 1987 Calgary, Alberta. The concept was first introduced by Gulf Canada Resources. The model was first used to review the key business objectives, identifying risks and designing internal controls to mitigate these risks. Many organizations have hence implemented Control Self Assessment. In the 1980's, the US government passed a statute requiring organizations to implement Control Self Assessment (CSA). In response to this management of these organizations introduced questionnaires and reports to implement Control Self Assessment.

Key features of a Control Self Assessment Workshop

One of the key features of a Control Self Assessment Wokshop is that it puts the employees in the driver's seat. The employees are empowered and made responsible for internal control assessment. This helps the employees in building a learning culture. Further, in Control Self Assessment staff at all levels in the organization are made responsible for control reporting. Control Self Assessment (CSA) thus aims at continous improvement of controls.