{"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-cutoff-period-errors","description":"Revenue, vendor invoices, payroll, capital expenditure, treasury transactions, or tax provisions recorded in the wrong period — deliberately shifted to meet targets or erroneously mis-timed — distorting period results.","details":{"category":"financial_reporting","impact":"medium","inherent_rating":"medium","likelihood":"medium","risk_id":"fin-cutoff-period-errors","taxonomies":["sox-rmm-assertion"],"treatment":"mitigate"},"id":"risk:fin-cutoff-period-errors","mapUrl":"https://controlsmap.com/?v=1&node=risk%3Afin-cutoff-period-errors","sourceIds":["cobit-2019","soc1","soc2","sox"],"sourceUrl":null,"title":"Period cut-off errors","type":"risk"},"relationships":[{"expectedCatalogRevision":"24028ffcfc2b295fa1b08ee6caa84b765f0731b321496bf4f548c49ad2177028","id":"rel:20711cfd98cd41367a7fc735aa9c188a91db3618ba093433b9bfec8e1af373ea","properties":{"rationale":"Processing-timeliness controls contribute to recording in the correct period.","strength":"related"},"sourceDetailPath":"/data/v1/records/uc-uc-bcdr-14-997de451.json","sourceId":"uc:UC-BCDR-14","targetDetailPath":"/data/v1/records/risk-fin-cutoff-period-errors-180e8bcf.json","targetId":"risk:fin-cutoff-period-errors","type":"mitigates"},{"expectedCatalogRevision":"24028ffcfc2b295fa1b08ee6caa84b765f0731b321496bf4f548c49ad2177028","id":"rel:7140895cb754da3b3fb1b55b2fb55668cb267adc5c21b8e8bd64f92de8e68b2d","properties":{"rationale":"Proper-period processing contributes, but ACCESS-20 centers on input/interface completeness and accuracy; the operative cut-off controls are period-end close review and automated processing period enforcement.","strength":"related"},"sourceDetailPath":"/data/v1/records/uc-uc-access-20-92554410.json","sourceId":"uc:UC-ACCESS-20","targetDetailPath":"/data/v1/records/risk-fin-cutoff-period-errors-180e8bcf.json","targetId":"risk:fin-cutoff-period-errors","type":"mitigates"},{"expectedCatalogRevision":"24028ffcfc2b295fa1b08ee6caa84b765f0731b321496bf4f548c49ad2177028","id":"rel:bfbd1a9c22b1272fbdca122b8af1101f63e71cd97cce8cc39cc7bbab05dbea0f","properties":{"rationale":"Timeliness checks on interfaces support transfer within the correct period.","strength":"related"},"sourceDetailPath":"/data/v1/records/uc-uc-fin-08-8e7468dd.json","sourceId":"uc:UC-FIN-08","targetDetailPath":"/data/v1/records/risk-fin-cutoff-period-errors-180e8bcf.json","targetId":"risk:fin-cutoff-period-errors","type":"mitigates"},{"expectedCatalogRevision":"24028ffcfc2b295fa1b08ee6caa84b765f0731b321496bf4f548c49ad2177028","id":"rel:e1940764bc9d5430e791fd5bdc5fe8e7811e38f4fdf403b2b517a22560685e02","properties":{"rationale":"Close calendar and period-over-period variance review detect mis-timed transactions.","strength":"primary"},"sourceDetailPath":"/data/v1/records/uc-uc-fin-02-9127de7b.json","sourceId":"uc:UC-FIN-02","targetDetailPath":"/data/v1/records/risk-fin-cutoff-period-errors-180e8bcf.json","targetId":"risk:fin-cutoff-period-errors","type":"mitigates"},{"expectedCatalogRevision":"24028ffcfc2b295fa1b08ee6caa84b765f0731b321496bf4f548c49ad2177028","id":"rel:e4b4c6250652aace5a96a742cd709c7ec59cc96043c8a1c66e4709d2c494a165","properties":{"rationale":"Automated processing enforces recording in the proper period.","strength":"primary"},"sourceDetailPath":"/data/v1/records/uc-uc-fin-07-880ee951.json","sourceId":"uc:UC-FIN-07","targetDetailPath":"/data/v1/records/risk-fin-cutoff-period-errors-180e8bcf.json","targetId":"risk:fin-cutoff-period-errors","type":"mitigates"}],"schemaVersion":1}
