
How are manual backup processes documented and readily available? What are the procedures for recovering from data loss or corruption in the lodgement or reconciliation systems?
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what is outstanding lodgement
- How is outstanding lodgement presented in financial statements?
- How are user access and authentication managed for the system? Are there any regular security assessments or penetration testing performed on the lodgement system?
- What strategies are in place to evaluate and potentially adopt new lodgement technologies? How is data analytics used to gain insights into lodgement patterns, identify inefficiencies, or detect potential issues?
- Are there any correlations between outstanding lodgements and other financial or operational metrics? What are the key data points tracked in the lodgement system to facilitate the identification and resolution of outstanding items?
- What are the costs associated with outstanding lodgements?
- What are the record-keeping requirements for unclaimed lodgements?
- Are there any automated alerts or notifications generated for potential outstanding lodgements? How are manual and electronic lodgement processes monitored for potential issues leading to outstanding items?
- How are the findings and recommendations from these reviews addressed and implemented? Is there a clear tone at the top regarding the importance of accurate and timely lodgement processing and reconciliation?
- How will progress towards these goals be measured and tracked over time?
- Are there any dedicated teams or resources focused on identifying and implementing new solutions?
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