Blank Template // Governance Framework

P&L v1.0 Cutoff
Definition

Blank Template // Governance Framework

Use this template to define the hard and soft requirements a financial reporting tool must meet before it can be used for leadership decisions. Fill in each requirement, its description, why it matters and current status. Use the litmus test to validate readiness.

Section 1: Hard Requirements

Non-Negotiable Standards

Red Not Met Yellow Partially Met Green Met
# Requirement Description Why It Matters Status
     
     
     
     
     
     
     
     
Section 2: Soft Requirements

Known Gaps Are Acceptable for v1.0

# Requirement What's Acceptable for v1.0 What's Not Acceptable
    
    
    
    
    
    
Section 3: Required Disclosure

Known Limitations Statement

List every known limitation. This protects the builder and forces leadership to use the numbers responsibly.

Section 4: The Litmus Test

Final Readiness Validation

List the 4-5 questions leadership will ask. If you hesitate on any answer, the tool is not ready.

1.
2.
3.
4.
5.
Current Honest Answer

"We think so, but..."

v1.0 Answer

"Yes... within these bounds."

Governance Framework by Angie Bailey // angieqbailey.com