unified

UC-FIN-03 — Perform and review account reconciliations

Perform account and subledger-to-general-ledger reconciliations for in-scope accounts on a defined frequency, verifying the completeness and accuracy of balances. Require independent, timely review and approval of each reconciliation, and age, track, and resolve reconciling items within defined thresholds. Retain completed reconciliations, approvals, and resolution evidence.

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Catalog revision: 24028ffcfc2b295fa1b08ee6caa84b765f0731b321496bf4f548c49ad2177028. A connection does not establish full coverage.

Attributes

domain
Financial Reporting Controls (SOX)
type
detective
category
administrative

Details

unified_id
UC-FIN-03
title
Perform and review account reconciliations
statement
Perform account and subledger-to-general-ledger reconciliations for in-scope accounts on a defined frequency, verifying the completeness and accuracy of balances. Require independent, timely review and approval of each reconciliation, and age, track, and resolve reconciling items within defined thresholds. Retain completed reconciliations, approvals, and resolution evidence.
domain
Financial Reporting Controls (SOX)
control_type
detective
control_category
administrative
members
  • framework
    sox
    control_id
    PLC-RECON
    coverage
    full
    relationship
    equal
guidance

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