From 8eb82c1f9dd7116c20406efcf7cf04817c9cc184 Mon Sep 17 00:00:00 2001 From: Dennis Eichhorn Date: Wed, 20 Mar 2024 12:53:06 +0100 Subject: [PATCH] Update FSCP.md Signed-off-by: Dennis Eichhorn --- Processes/Quality Management/COSO/FSCP.md | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/Processes/Quality Management/COSO/FSCP.md b/Processes/Quality Management/COSO/FSCP.md index 85e1a92..3c40b89 100644 --- a/Processes/Quality Management/COSO/FSCP.md +++ b/Processes/Quality Management/COSO/FSCP.md @@ -14,7 +14,7 @@ | 10 | None-consolidation closing | Preparation and approval of non-consolidated financial information | How do you prepare figures of accounts, such as allowances, which need accounting estimates? | Estimates are performed based on historic experiences and risk avoidance. | Guidelines: [Provisions](https://github.com/Karaka-Management/Organization-Guide/blob/master/Policies%20%26%20Guidelines/Accounting/Provisions.md) | | 11 | None-consolidation closing | Preparation and approval of non-consolidated financial information | How do you ensure the completeness and correctness of the journal entries? | Completeness is ensured by comparison to historic and budget figures as well as open orders. Correctness is ensured through comparison with historic and budget figures. | Process: [Finance](https://github.com/Karaka-Management/Organization-Guide/blob/master/Processes/06_Finance.md) | | 12 | None-consolidation closing | Preparation and approval of non-consolidated financial information | Which financial analysis do you perform (e.g. comparison of actuals and budget/previous year, KPI analysis, ...)? | Actual vs. budget, actual vs. previous year and KPI figures are analyzed. | Process: [Finance](https://github.com/Karaka-Management/Organization-Guide/blob/master/Processes/06_Finance.md) | -| 13 | Reporting package | Preparation and approval of reporting package | How do you ensure the necessary competencies for the employees involved in the creation of the financial closing and financial reporting? | This is done during the HR search and the employee evaluation. | Job description
[Employee Evaluation Form](https://github.com/Karaka-Management/Organization-Guide/blob/master/Processes/HR/Evaluation%20Forms/Employee%20Evaluation%20Form.md) | +| 13 | Reporting package | Preparation and approval of reporting package | How do you ensure the necessary competencies for the employees involved in the creation of the financial closing and financial reporting? | This is done during the HR search and the employee evaluation. | [Job description](https://github.com/Karaka-Management/Organization-Guide/tree/master/Processes/HR/Job%20Descriptions)
[Employee Evaluation Form](https://github.com/Karaka-Management/Organization-Guide/blob/master/Processes/HR/Evaluation%20Forms/Employee%20Evaluation%20Form.md) | | 14 | Reporting package | Preparation and approval of reporting package | Who approves the reporting package or revisions thereof? | CFO | | 2024-03-20 - Version 2.0