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Auditability of Yearend values

edited Apr 12, 2018 4:16AM in Financial Consolidation and Close 2 comments

Content

it has taken a long time and a great deal of education with the external auditors to make them convertible and reduce the level of testing the complete on the base data loaded in HFM from the various ledgers.

 

The HFM application is a YTD application and we are loading closing balance from the various ledgers the auditors do various tests between the ledger and HFM using FDMEE generated spreadsheets.

 

What is the recommended process, with the changes in the data view in FCCS?

How are we going to be confident that the closing balances in the source ledger equal the closing balances in the source data for FCCS, we have converted the load to be periodic?

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