Assess whether a referral to counsel is warranted (2a7694)

Situation

Restatement project controller in a construction contractor on percentage-of-completion has one working extract — ghost-employee payroll extract — after a board bonus that just cleared the hurdle. If ghost-employee payroll extract cannot support a referral to counsel is warranted, the honest Forensic Accounting output is hold.

Decision

Restatement project controller in a construction contractor on percentage-of-completion must choose Remove access or reverse the item / Temporary compensating control / Approve a documented exception / Hold using ghost-employee payroll extract after a board bonus that just cleared the hurdle.

Hypotheses to test

• Ghost-employee payroll extract reads as Remove access or reverse the item once a board bonus that just cleared the hurdle is lined up to the same Forensic Accounting population.
• Ghost-employee payroll extract is closer to Temporary compensating control after a board bonus that just cleared the hurdle; Remove access or reverse the item would over-claim this Revenue Integrity extract.
• Approve a documented exception is still live in ghost-employee payroll extract for restatement project controller in a construction contractor on percentage-of-completion.
• Ghost-employee payroll extract is missing the fact restatement project controller needs after a board bonus that just cleared the hurdle; stop this Forensic Accounting close.

Analysis required

• Quantify the entry if restatement project controller has to reverse it.
• Separate a close-process miss from a qualitative SAB 99 issue in a construction contractor on percentage-of-completion.
• Reconstruct vendor, journal, or inventory lines in ghost-employee payroll extract through the window opened by a board bonus that just cleared the hurdle.
• For this Forensic Accounting Revenue Integrity file, read ghost-employee payroll extract against a board bonus that just cleared the hurdle and write the one fact that would move a referral to counsel is warranted for restatement project controller.

Recommendation

Choose Remove access or reverse the item / Temporary compensating control / Approve a documented exception / Hold on this Forensic Accounting / Revenue Integrity packet (ghost-employee payroll extract after a board bonus that just cleared the hurdle). The follow-on Revenue Integrity action is what restatement project controller does next: implement the option, assign an owner, and log the missing fact.