Assess whether a referral to counsel is warranted (ce0c0d)

Situation

Audit-committee advisor in a distributor with offshore trading affiliates has one working extract — related-party customer map — after a warehouse count that came in 11% light. If related-party customer map cannot support a referral to counsel is warranted, the honest Forensic Accounting output is hold.

Decision

Audit-committee advisor in a distributor with offshore trading affiliates must choose Remove access or reverse the item / Temporary compensating control / Approve a documented exception / Hold using related-party customer map after a warehouse count that came in 11% light.

Hypotheses to test

• The population in related-party customer map is the one a warehouse count that came in 11% light named, so Remove access or reverse the item follows for this Occupational Fraud file.
• The population in related-party customer map is adjacent only to a warehouse count that came in 11% light; Temporary compensating control is the honest Forensic Accounting call.
• A distributor with offshore trading affiliates already contained a warehouse count that came in 11% light before related-party customer map arrived; no new Occupational Fraud path.
• Provenance on related-party customer map after a warehouse count that came in 11% light is broken; do not pick Remove access or reverse the item or Temporary compensating control yet.

Analysis required

• Trace approval, SoD, and related-party links that related-party customer map actually shows.
• Test cutoff, reversals, and system-of-record ties for materiality on a referral to counsel is warranted.
• Quantify the entry if audit-committee advisor has to reverse it.
• For this Forensic Accounting Occupational Fraud file, read related-party customer map against a warehouse count that came in 11% light and write the one fact that would move a referral to counsel is warranted for audit-committee advisor.

Recommendation

Choose Remove access or reverse the item / Temporary compensating control / Approve a documented exception / Hold on this Forensic Accounting / Occupational Fraud packet (related-party customer map after a warehouse count that came in 11% light). Lead with the Forensic Accounting option related-party customer map can support after a warehouse count that came in 11% light, then the two facts that force it, then the Monday action for audit-committee advisor in a distributor with offshore trading affiliates.