Internal Control over Financial Reporting - Core
Financial Statement Close and Reporting
The Financial Statement Close and Reporting Playbook addresses the following areas:
-
Policy and Procedures
-
Segregation of Duties (and access rules that support SOD)
-
Non Routine Transactions
-
Asset Impairment Assessment
-
Foreign Currency Transactions
-
Depreciation and Amortization
-
Income Taxes
-
Transfers from Sub-ledgers
-
General Ledger Close
-
Inter-company Accounts
-
Consolidations
-
Preparation of the Financial Statements
-
Final Financial Statements and Disclosures, and
-
Additional Considerations (IPE and Management Review Controls)