Assess whether a referral to counsel is warranted (b26367)

Situation

A construction contractor on percentage-of-completion cannot treat a covenant-compliance near-miss at the bank as color commentary on ghost-employee payroll extract. Litigation-support partner must close a referral to counsel is warranted from that extract under Forensic Accounting / Inventory and Cash Schemes.

Decision

Litigation-support partner 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 covenant-compliance near-miss at the bank.

Hypotheses to test

• A covenant-compliance near-miss at the bank is noise around an already-controlled Inventory and Cash Schemes process in a construction contractor on percentage-of-completion, given ghost-employee payroll extract.
• A covenant-compliance near-miss at the bank is the event in ghost-employee payroll extract that forces Remove access or reverse the item for litigation-support partner under Forensic Accounting.
• Ghost-employee payroll extract shows a one-file miss after a covenant-compliance near-miss at the bank, not a Inventory and Cash Schemes program failure.
• Ghost-employee payroll extract cannot decide a referral to counsel is warranted yet after a covenant-compliance near-miss at the bank; hold is the only Forensic Accounting close a construction contractor on percentage-of-completion can defend.

Analysis required

• Quantify the entry if litigation-support partner 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 covenant-compliance near-miss at the bank.
• For this Forensic Accounting Inventory and Cash Schemes file, read ghost-employee payroll extract against a covenant-compliance near-miss at the bank and write the one fact that would move a referral to counsel is warranted for litigation-support partner.

Recommendation

Choose Remove access or reverse the item / Temporary compensating control / Approve a documented exception / Hold on this Forensic Accounting / Inventory and Cash Schemes packet (ghost-employee payroll extract after a covenant-compliance near-miss at the bank). Lead with the Forensic Accounting option ghost-employee payroll extract can support after a covenant-compliance near-miss at the bank, then the two facts that force it, then the Monday action for litigation-support partner in a construction contractor on percentage-of-completion.