


Are there any cross-functional initiatives aimed at improving the end-to-end lodgement experience? How is the performance of the lodgement process benchmarked against best practices in the industry?
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what is outstanding lodgement
- How are high-value lodgements handled differently? What are the procedures for investigating and resolving unidentified lodgements?
- What are the key data elements that should be captured for each lodgement? How can data quality be improved in the lodgement process?
- How are these types of lodgements reported to the appropriate authorities?
- What are the best practices for archiving lodgement records? How long should lodgement records be retained?
- How are small volumes of large value lodgements handled differently? What are the procedures for handling lodgements with incomplete information?
- How are audit trails used to track lodgement activities?
- What are the criteria for writing off old outstanding lodgements? What approvals are required for certain lodgement activities?
- How are cybersecurity threats to the lodgement and reconciliation systems identified and mitigated? Are there any security awareness training programs for staff who handle lodgement or reconciliation data?
- How is the security of reconciliation data maintained?
- What are the procedures for reporting and resolving system issues or outages? How are system patches and upgrades managed and implemented for the lodgement system?
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