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ERP Cloud: The One Configuration that Could Undermine your Journal Entry Control Design

  • 1.  ERP Cloud: The One Configuration that Could Undermine your Journal Entry Control Design

    Posted 05-12-2020 11:15

    ERP Cloud: The One Configuration that Could Undermine your Journal Entry Control Design

     Perhaps the most important control organizations implement is the control related to the review and approval of journal entries.  Most organizations using ERP Cloud implement the journal approval workflow to help automate the control.  The proper configuration of Journal Sources is essential to the design of your controls related to Journal Entries.

     In this video, we will discuss how JE's coming from subledgers and other systems could be changed, allowing a user to bypass the controls intended related to Journal Entries.

     Organizations that are subject to regulation schemes such as Sarbanes-Oxley need to address this critical risk to avoid a control deficiency related to your journal entry approval control.

     Check out our latest post on this topic:

    https://www.linkedin.com/feed/update/urn:li:activity:6665990256346619905



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    Jeff Hare CPA CIA CISA
    CEO
    ERP Risk Advisors
    Greeley CO
    (970) 324-1450
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