演讲主题 --- 演讲副标题.ppt

KINGDEE K/3’S INTERNAL CONTROL FUNCTIONS IN ACCORDANCE WITHSARBANES-OXLEY SECTION 404 CONTENTS WORKFLOW CONTROLS K/3’S SOLUTIONS WORKFLOW CONTROLS K/3’S SOLUTION FOLLOW-UP ON EVENTS K/3’S SOLUTIONS LIMITATION OF ACCESS TO INFORMATION K/3’S SOLUTIONS PRENUMBERED DOCUMENTS K/3’S SOLUTIONS RECONCILIATION CYCLE COUNTING K/3’S SOLUTIONS RECONCILIATION CYCLE COUNTING K/3’S SOLUTIONS INPUT CONTROLS K/3’S SOLUTIONS INPUT CONTROLS K/3’S SOLUTIONS * * * WORKFLOW CONTROLS FOLLOW-UP ON EVENTS PRENUMBERED DOCUMENTS LIMITATION OF ACCESS TO INFORMATION INPUT CONTROLS RECONCILIATION CYCLE COUNTING INTERNAL CONTROL RULES Credit Memos/customer refunds are reviewed and approved by sales management. RISKS TO BE ADDRESSED Fictitious or duplicate returns/credit memos/refunds may go undetected. Management reviews and approves prices at least annually and approves any additions or changes to the system price tables. Customers may be charged inappropriate prices for items purchased and gross revenues are not accurately stated. APPROVAL REQUIRED SEGREGATION OF DUTIES MULTI-LEVEL APPROVAL INTERNAL CONTROL RULES Returned goods are isolated and timely inspected before credit is granted. Can set in the system that credit memo can only be generated from goods return receipt slip. RISKS TO BE ADDRESSED Credit memos for returned goods are issued before returned material is received. “Red ink” invoice corresponds to credit memo REQUIRED SEQUENCE OF EVENTS Customers with past due account balances are notified timely. Increase in bad debt risk associated with potential customer cash flow problems. RISKS TO BE ADDRESSED INTERNAL CONTROL RULES Un-invoiced receipts may not be resolved in a timely manner, leading to failure to pay invoices/freight bills in accordance with payment terms. Received Not Billed financial ledger account reconciliations are prepared and reviewed according to company policy PREWARNING FOR OVERDUE A/R EXECUTION REPORT ON ORDERS INT