Internal Control over Financial Reporting - Core
Revenue Cycle
(Order-to-Cash)
The Revenue Cycle Playbook addresses the following areas:
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Policy and Procedures
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Segregation of Duties (and access rules that support SOD)
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Order Processing
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Order Fulfillment
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Invoicing
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Recording Revenue from Contracts with Customers
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Sales Returns and Allowances
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Cash Collections and Application
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Master File Maintenance
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Financial Reporting, and
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Additional Considerations (IPE and Management Review Controls)