Analyze your stock option process and related control testing and determine the adequacy of risks and controls with this audit report sample.

Recommended solutions covered in this sample include: management should consider implementing a control that someone other than the compensation department is verifying the grant date to the approval date, management should consider implementing a control that someone independent of the process should verify the accuracy of the stock price via a third-party historical database, and management should ensure that any future changes to responsibilities over granting and approving stock options are properly documented in the plan document or in the compensation committee charter.