What evidence do auditors commonly ask for on CPS 230 para 22 Senior management informs the Board on impacts to critical operations?

Board paper template with a mandatory section on impact to critical operations and tolerance levels; Sample Board papers for strategic, change or outsourcing decisions containing the resilience impact analysis; Board minutes recording discussion of resilience impacts.

What is the most common gap auditors find on CPS 230 para 22?

Major change or cost decisions taken with no resilience impact analysis in the paper

APRA CPS 230 · Roles and responsibilities (paras 19 to 22)

`CPS 230 para 22` Senior management informs the Board on impacts to critical operations

When the Board is taking decisions that could affect how resilient the critical operations are, senior management must give it clear and complete information on the expected effects on those operations.

Source: APRA CPS 230, CPS 230 para 22. The statement above is our statement of the clause, read from the published text and cited so you can check it against the official text, not the instrument verbatim. Open APRA CPS 230 in the compliance library.

Applies to APRA-regulated entities.

artefacts

held by a system

at each review

hard

to go live

Policy repository / GRC workspace

where the evidence lives

teal = a system already holds it · olive = produced at each review. To go live: easy when half or more of the artefacts are already held by a system, moderate from a quarter to a half, hard below a quarter.

These are the artefacts auditors commonly ask for on this requirement, our guidance rather than text from the standard. Your assessor decides what is sufficient in your context, and asks for samples across the period when a report covers one.

system holds itEvidence a system already holds

none for this control

periodic reviewEvidence produced at each review

Board minutes recording discussion of resilience impacts · Policy repository / GRC workspace

governing documentDocuments that govern the control

Board paper template with a mandatory section on impact to critical operations and tolerance levels · Policy repository / GRC workspace
Sample Board papers for strategic, change or outsourcing decisions containing the resilience impact analysis · Vendor register / contract repository

First move

No system holds this evidence for you: it is people and documents. Reminders and routing to the owner still save time. Put the document under version control with an owner and review date, and log each review as a record with reviewer and date.

Common gaps auditors find

Major change or cost decisions taken with no resilience impact analysis in the paper
Impact section filled with boilerplate rather than tolerance-level analysis

Do this for your whole sheet

Paste the rows you run your controls from and get this mapping for every control at once, with the periodic-review ones flagged and a first move per row. No account for the first run.

Build my evidence sheet

CPS 230 para 21 Board oversight duties: risk profile, BCP and tolerances, service provider policy · CPS 230 para 23 Manage the full range of operational risks end to end