Accounting › Close & Compliance
Financial Controls
Which controls we operate, who owns them, when they were last tested — and the second signature on a manual journal, which is the last control standing.
In Accounting → Close & Compliance · 12 screens
ViewControl SummaryThe framework in one row per process — how many controls, how many key, how many effective, and how many material weaknesses. The page an audit committee is shown.OpenRecordsControl RegisterWhich controls we operate, who owns each, when it was last tested and what we are doing about the ones that failed. A different shape from an audit log, which records changes rather than assurance.OpenViewControl TestsA test result with no sample size is an opinion. The population, the sample and the method are what make it evidence.OpenRecordsDeficienciesThe three levels are not synonyms: a material weakness has to be disclosed. A finding with no owner and no date is a finding that reappears next year.OpenRecordsControl FrameworksThe published framework a control is claimed against. Naming COSO does not make a control effective, but an auditor asks which, and a control mapping to none is one nobody outside the company recognises.OpenViewAccount ReconciliationsAgeing the reconciling items is the whole discipline: a difference that has been there for eleven months is not a timing difference.OpenRecordsReconciling ItemsA reconciliation with a difference and no explanation is a number somebody will plug.OpenRecordsReconciliation PoliciesWhich accounts are reconciled, to what, how often and by whom. The accounts nobody reconciles are where errors live for years.OpenViewJournal ApprovalsThe second pair of eyes — the last control standing once every document-driven route is locked down. Never the person who asked.OpenRecordsJournal Approval RulesWhen a manual journal needs a second signature. Any one trigger is enough — the threshold, a reversal, a backdated entry — because each is a real audit test on its own.OpenViewJournal Audit TrailEvery manual, backdated, out-of-hours or round-number journal, with whether it was approved and which period it landed in. Each marker is a real audit test; a journal carrying four is where an auditor starts.OpenRecordsCertificationsA controller signs that the entity’s numbers are right. A certification WITH exceptions is worth far more than one without — the ones without are the ones people sign without reading.Open
Columns, fields and actions
| Screen | Kind | What it is | Columns | Fields | Actions |
|---|---|---|---|---|---|
| Control Summary | Read-only list | The framework in one row per process — how many controls, how many key, how many effective, and how many material weaknesses. The page an audit committee is shown. | 11 | 0 | 0 |
| Control Register | List | Which controls we operate, who owns each, when it was last tested and what we are doing about the ones that failed. A different shape from an audit log, which records changes rather than assurance. | 15 | 22 | 1 |
| Control Tests | Read-only list | A test result with no sample size is an opinion. The population, the sample and the method are what make it evidence. | 13 | 0 | 0 |
| Deficiencies | List | The three levels are not synonyms: a material weakness has to be disclosed. A finding with no owner and no date is a finding that reappears next year. | 13 | 15 | 0 |
| Control Frameworks | List | The published framework a control is claimed against. Naming COSO does not make a control effective, but an auditor asks which, and a control mapping to none is one nobody outside the company recognises. | 6 | 6 | 0 |
| Account Reconciliations | Read-only list | Ageing the reconciling items is the whole discipline: a difference that has been there for eleven months is not a timing difference. | 15 | 0 | 3 |
| Reconciling Items | List | A reconciliation with a difference and no explanation is a number somebody will plug. | 11 | 12 | 0 |
| Reconciliation Policies | List | Which accounts are reconciled, to what, how often and by whom. The accounts nobody reconciles are where errors live for years. | 11 | 12 | 0 |
| Journal Approvals | Read-only list | The second pair of eyes — the last control standing once every document-driven route is locked down. Never the person who asked. | 11 | 0 | 2 |
| Journal Approval Rules | List | When a manual journal needs a second signature. Any one trigger is enough — the threshold, a reversal, a backdated entry — because each is a real audit test on its own. | 10 | 18 | 0 |
| Journal Audit Trail | Read-only list | Every manual, backdated, out-of-hours or round-number journal, with whether it was approved and which period it landed in. Each marker is a real audit test; a journal carrying four is where an auditor starts. | 15 | 0 | 0 |
| Certifications | List | A controller signs that the entity’s numbers are right. A certification WITH exceptions is worth far more than one without — the ones without are the ones people sign without reading. | 12 | 10 | 1 |