Whether cash ever economically changed hands from ghost-employee payroll

Situation

After a sudden drop in days-sales-outstanding that looks too clean, ghost-employee payroll extract is what restatement project controller can touch in a county government payroll environment. Forensic Accounting will live with Remove access or reverse the item versus Temporary compensating control on this Occupational Fraud file.

Decision

Restatement project controller in a county government payroll environment must choose Remove access or reverse the item / Temporary compensating control / Approve a documented exception / Hold using ghost-employee payroll extract after a sudden drop in days-sales-outstanding that looks too clean.

Hypotheses to test

• Authorize Remove access or reverse the item now; ghost-employee payroll extract already has the discriminator after a sudden drop in days-sales-outstanding that looks too clean.
• Keep Temporary compensating control in force until ghost-employee payroll extract is completed after a sudden drop in days-sales-outstanding that looks too clean for restatement project controller.
• Treat ghost-employee payroll extract as Approve a documented exception because both readings appear after a sudden drop in days-sales-outstanding that looks too clean.
• Refuse a Forensic Accounting close: restatement project controller does not have the page cash ever economically changed turns on in ghost-employee payroll extract.

Analysis required

• Test cutoff, reversals, and system-of-record ties for materiality on cash ever economically changed.
• Quantify the entry if restatement project controller has to reverse it.
• Separate a close-process miss from a qualitative SAB 99 issue in a county government payroll environment.
• For this Forensic Accounting Occupational Fraud file, read ghost-employee payroll extract against a sudden drop in days-sales-outstanding that looks too clean and write the one fact that would move cash ever economically changed for restatement project controller.

Recommendation

Restatement project controller should take Temporary compensating control on cash ever economically changed unless ghost-employee payroll extract after a sudden drop in days-sales-outstanding that looks too clean already proves Remove access or reverse the item for this Occupational Fraud packet in a county government payroll environment. Keep Approve a documented exception live only while ghost-employee payroll extract is missing the page cash ever economically changed turns on. The working test on ghost-employee payroll extract is whether Test cutoff, reversals, and system-of-record ties for materiality on cash ever economicall.