Approval group
Finance close
The month-end lines: journals, accruals, provisions, write-offs, reconciliations and treasury deals. The auditor walks these first.
The approval families
6| Family and a line that matches it | Marked | Clauses |
|---|---|---|
| Journal entriesManual journal entries above 100k: Financial Controller | high-risk | ISO/IEC 27001 5.3 · COSO P10 |
| Accruals and prepaymentsAccruals up to 250,000: Financial Controller | ISO/IEC 27001 5.3 · COSO P10 | |
| Provisions and reservesProvisions and reserves up to 500,000: CFO | ISO/IEC 27001 5.3 · COSO P10 | |
| Write-offsWrite-off of receivables up to 50k: Credit Manager | ISO/IEC 27001 5.3 · COSO P10 | |
| Reconciliation sign-offBank reconciliations sign-off: Financial Controller | ISO/IEC 27001 5.3 · COSO P10 | |
| FX, hedging and treasury dealsFX hedging deals up to 5M: Treasurer | ISO/IEC 27001 5.3 · COSO P10 |