Assess whether a referral to counsel is warranted (f108e7)

Situation

Audit-committee advisor in a distributor with offshore trading affiliates has one working extract — related-party customer map — after a whistleblower email to the hotline. 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 whistleblower email to the hotline.

Hypotheses to test

• A whistleblower email to the hotline is noise around an already-controlled Occupational Fraud process in a distributor with offshore trading affiliates, given related-party customer map.
• A whistleblower email to the hotline is the event in related-party customer map that forces Remove access or reverse the item for audit-committee advisor under Forensic Accounting.
• Related-party customer map shows a one-file miss after a whistleblower email to the hotline, not a Occupational Fraud program failure.
• Related-party customer map cannot decide a referral to counsel is warranted yet after a whistleblower email to the hotline; hold is the only Forensic Accounting close a distributor with offshore trading affiliates can defend.

Analysis required

• Quantify the entry if audit-committee advisor has to reverse it.
• Separate a close-process miss from a qualitative SAB 99 issue in a distributor with offshore trading affiliates.
• Reconstruct vendor, journal, or inventory lines in related-party customer map through the window opened by a whistleblower email to the hotline.
• For this Forensic Accounting Occupational Fraud file, read related-party customer map against a whistleblower email to the hotline 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 whistleblower email to the hotline). Lead with the Forensic Accounting option related-party customer map can support after a whistleblower email to the hotline, then the two facts that force it, then the Monday action for audit-committee advisor in a distributor with offshore trading affiliates.