{"catalogRevision":"24028ffcfc2b295fa1b08ee6caa84b765f0731b321496bf4f548c49ad2177028","kind":"record","record":{"attributes":{"category":"financial_reporting","domain":["Financial Reporting Controls (SOX)"],"inherent_rating":"medium","taxonomy":["sox-rmm-assertion"]},"canonicalUrl":"https://controlsmap.com/?v=1&node=risk%3Afin-accuracy-measurement-errors","description":"Errors in revenue recognition amounts, cost of goods sold, depreciation/amortization, payroll calculations, fair-value measurement, journal-entry posting, tax provision, and foreign-currency translation misstating the financial statements.","details":{"category":"financial_reporting","impact":"medium","inherent_rating":"medium","likelihood":"medium","risk_id":"fin-accuracy-measurement-errors","taxonomies":["sox-rmm-assertion"],"treatment":"mitigate"},"id":"risk:fin-accuracy-measurement-errors","mapUrl":"https://controlsmap.com/?v=1&node=risk%3Afin-accuracy-measurement-errors","sourceIds":["cobit-2019","soc1","soc2","sox"],"sourceUrl":null,"title":"Measurement and calculation errors (accuracy)","type":"risk"},"relationships":[{"expectedCatalogRevision":"24028ffcfc2b295fa1b08ee6caa84b765f0731b321496bf4f548c49ad2177028","id":"rel:1632e74bd02edd66cad05bb212cde9846176de3a7edf29cbca25141253cc0bd1","properties":{"rationale":"Reconciliation verifies accuracy of recorded balances against supporting detail.","strength":"primary"},"sourceDetailPath":"/data/v1/records/uc-uc-fin-03-a90abe13.json","sourceId":"uc:UC-FIN-03","targetDetailPath":"/data/v1/records/risk-fin-accuracy-measurement-errors-fd727255.json","targetId":"risk:fin-accuracy-measurement-errors","type":"mitigates"},{"expectedCatalogRevision":"24028ffcfc2b295fa1b08ee6caa84b765f0731b321496bf4f548c49ad2177028","id":"rel:21ad7cc38e9b6bf95acaa09c9adfc05dddf8e76f8d5db73ef0506aba33916062","properties":{"rationale":"Control-total/hash reconciliation catches data corruption altering amounts in transit.","strength":"primary"},"sourceDetailPath":"/data/v1/records/uc-uc-fin-08-8e7468dd.json","sourceId":"uc:UC-FIN-08","targetDetailPath":"/data/v1/records/risk-fin-accuracy-measurement-errors-fd727255.json","targetId":"risk:fin-accuracy-measurement-errors","type":"mitigates"},{"expectedCatalogRevision":"24028ffcfc2b295fa1b08ee6caa84b765f0731b321496bf4f548c49ad2177028","id":"rel:7ddfa76602dab3f34a60116919df425458054614ed5674d2b0c12e551c8a76cb","properties":{"rationale":"Umbrella 'manage business-process controls' practice that ensures input/processing controls exist; the operative accuracy controls are the dedicated input and processing UCs, not this design-level wrapper.","strength":"related"},"sourceDetailPath":"/data/v1/records/uc-uc-bcdr-14-997de451.json","sourceId":"uc:UC-BCDR-14","targetDetailPath":"/data/v1/records/risk-fin-accuracy-measurement-errors-fd727255.json","targetId":"risk:fin-accuracy-measurement-errors","type":"mitigates"},{"expectedCatalogRevision":"24028ffcfc2b295fa1b08ee6caa84b765f0731b321496bf4f548c49ad2177028","id":"rel:a91da0cf407c7f7f8372e3661427e45682359b9adc643c7ec5dc243ac1c57827","properties":{"rationale":"Edit checks and batch totals validate processing accuracy, catching calculation and posting errors.","strength":"primary"},"sourceDetailPath":"/data/v1/records/uc-uc-access-20-92554410.json","sourceId":"uc:UC-ACCESS-20","targetDetailPath":"/data/v1/records/risk-fin-accuracy-measurement-errors-fd727255.json","targetId":"risk:fin-accuracy-measurement-errors","type":"mitigates"},{"expectedCatalogRevision":"24028ffcfc2b295fa1b08ee6caa84b765f0731b321496bf4f548c49ad2177028","id":"rel:ad0b29143ccf0380ec4626d576bd9304f4f57f800f12549a87110c291370e89b","properties":{"rationale":"Edit/validation and format checks reject inaccurate input data at entry.","strength":"primary"},"sourceDetailPath":"/data/v1/records/uc-uc-fin-06-ccd6f7dc.json","sourceId":"uc:UC-FIN-06","targetDetailPath":"/data/v1/records/risk-fin-accuracy-measurement-errors-fd727255.json","targetId":"risk:fin-accuracy-measurement-errors","type":"mitigates"},{"expectedCatalogRevision":"24028ffcfc2b295fa1b08ee6caa84b765f0731b321496bf4f548c49ad2177028","id":"rel:c77b4322fdc38c552b3e68398feff534b5a64c6646c4a679aad9a06416ac2951","properties":{"rationale":"Account analyses and variance review at a precision threshold detect measurement/calculation errors.","strength":"primary"},"sourceDetailPath":"/data/v1/records/uc-uc-fin-02-9127de7b.json","sourceId":"uc:UC-FIN-02","targetDetailPath":"/data/v1/records/risk-fin-accuracy-measurement-errors-fd727255.json","targetId":"risk:fin-accuracy-measurement-errors","type":"mitigates"},{"expectedCatalogRevision":"24028ffcfc2b295fa1b08ee6caa84b765f0731b321496bf4f548c49ad2177028","id":"rel:dc838e86f734bf7681a330907bc22964e0d1e63151b76dc06208ca64d24788e7","properties":{"rationale":"Validating report logic, parameters and totals catches calculation errors in reports and spreadsheets.","strength":"primary"},"sourceDetailPath":"/data/v1/records/uc-uc-fin-09-05f62d2c.json","sourceId":"uc:UC-FIN-09","targetDetailPath":"/data/v1/records/risk-fin-accuracy-measurement-errors-fd727255.json","targetId":"risk:fin-accuracy-measurement-errors","type":"mitigates"},{"expectedCatalogRevision":"24028ffcfc2b295fa1b08ee6caa84b765f0731b321496bf4f548c49ad2177028","id":"rel:ffc6a927f610eb20e3d93d7bf9b40a620fda0036188911dad4b0e6df30947a13","properties":{"rationale":"System-enforced calculations produce accurate amounts (depreciation, payroll, tolerances).","strength":"primary"},"sourceDetailPath":"/data/v1/records/uc-uc-fin-07-880ee951.json","sourceId":"uc:UC-FIN-07","targetDetailPath":"/data/v1/records/risk-fin-accuracy-measurement-errors-fd727255.json","targetId":"risk:fin-accuracy-measurement-errors","type":"mitigates"}],"schemaVersion":1}