EvidenceSheet
APRA CPS 230 · Management of service provider arrangements (paras 46 to 61)

CPS 230 para 61 Internal audit review of critical-operation outsourcing and reporting to the Board

Internal audit must review any proposed material arrangement that would outsource a critical operation, and must give regular reports to the Board (or its audit committee) on whether such arrangements comply with the service provider management policy.

Source: APRA CPS 230, CPS 230 para 61. 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.

3
artefacts
0
held by a system
2
at each review
hard
to go live
Vendor register / contract repository
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

  • Internal audit review reports on proposed critical-operation outsourcing, dated before approval · Vendor register / contract repository
  • Regular internal audit reports to the Board or audit committee on policy compliance of outsourcing arrangements · Vendor register / contract repository

governing documentDocuments that govern the control

  • Internal audit plan entries covering service provider compliance · Policy repository / GRC workspace

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

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 60 Notify APRA of critical-operation agreements (20 business days) and before material offshoring