Assess whether a vendor is a disguised related party after a new counterparty

Situation

A new counterparty formed 19 days before quarter-end put intercompany elimination mismatch report in front of external counsel's accounting expert in a public filer facing a whistleblower memo. This Forensic Accounting / Revenue Integrity close is a vendor is a from intercompany elimination mismatch report, and the live options are Remove access or reverse the item, Temporary compensating control, Approve a documented exception.

Decision

External counsel's accounting expert in a public filer facing a whistleblower memo must choose Remove access or reverse the item / Temporary compensating control / Approve a documented exception / Hold using intercompany elimination mismatch report after a new counterparty formed 19 days before quarter-end.

Hypotheses to test

• Intercompany elimination mismatch report reads as Remove access or reverse the item once a new counterparty formed 19 days before quarter-end is lined up to the same Forensic Accounting population.
• Intercompany elimination mismatch report is closer to Temporary compensating control after a new counterparty formed 19 days before quarter-end; Remove access or reverse the item would over-claim this Revenue Integrity extract.
• Approve a documented exception is still live in intercompany elimination mismatch report for external counsel's accounting expert in a public filer facing a whistleblower memo.
• Intercompany elimination mismatch report is missing the fact external counsel's accounting expert needs after a new counterparty formed 19 days before quarter-end; stop this Forensic Accounting close.

Analysis required

• Trace approval, SoD, and related-party links that intercompany elimination mismatch report actually shows.
• Test cutoff, reversals, and system-of-record ties for materiality on a vendor is a.
• Quantify the entry if external counsel's accounting expert has to reverse it.
• For this Forensic Accounting Revenue Integrity file, read intercompany elimination mismatch report against a new counterparty formed 19 days before quarter-end and write the one fact that would move a vendor is a for external counsel's accounting expert.

Recommendation

Choose Remove access or reverse the item / Temporary compensating control / Approve a documented exception / Hold on this Forensic Accounting / Revenue Integrity packet (intercompany elimination mismatch report after a new counterparty formed 19 days before quarter-end). Lead with the Forensic Accounting option intercompany elimination mismatch report can support after a new counterparty formed 19 days before quarter-end, then the two facts that force it, then the Monday action for external counsel's accounting expert in a public filer facing a whistleblower memo.