Controls for overseas reporting 1658

  • We are an operation in the US. We receive returns from 4 overseas countries. The manager abroad signs off to say the information is correct. These returns are sent to the US and entered by finance with no further validation.
    We are looking at implementing more robust controls, however we do not know how we should go about this. What controls do others think we should implement?

  • Reconciliation with what you receive and what he signs off seems like a natural thing you’re missing.
    The question is what type of controls do you have before he signs off?

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