分享sox404在企业控制的模板0td6yq.ppt

Key controls per Business Cycle * * SOX A firm Key controls over financial reporting Significant Account and disclosure Financial Statement Caption Debtors / provision for bad debts (BS) VAT (BS) Sales (PL) Rebates (PL) Adjustments to the provision for bad debts (PL) Inventories – sailing stock Disclosure: Sales per area etc / commitments Segregation of duties (e.g. client acceptance, order handling, dispatching and managing accounts receivable) Controls over client master data (input and maintenance) Orders and invoices are sequentially numbered Controls over the authorization of prices (check if agreement is in line with pricing), discounts, credit notes, bonuses Controls over the complete invoicing of shipments / Check that all orders = are shipped = are invoiced = are collected Reconciliation between shipments / stock supply and invoices Controls on collectibility (client acceptance, credit checkand aging analysis) Controls over estimating provision (e.g. calculation, authorization, disclosure) Reconciliation between cash / bank (receipts) and outstanding debtors Reconciliation between subledger and G/L Controls over disclosures (A-form 67) Analytical review on figures (budget versus actual and similar periods: disclosure on deviations) Controls over foreign currencies Controls over VAT Controls over delivery terms for timing issues IFRS Policies and procedures Major classes of transactions (Sub)process / activities Order to cash Relevant F/S assertions Control Objective types / Assertions Validity / Existence Ownership (rights and obligations) Accuracy Valuation Timing / Cut-off Completeness Presentation and Disclosure Non-routine / non-systematic transactions Write-offs / Credit notes / Rebates / Bonuses/ debtors stocks / hedge results Accounting policies Valuation provision / Profit recognition / Disclosure Fraud areas Private collection of AR / Bonuses / Rebates / Credit notes / Sailing Stock 01: Order to cash * 0