

How are mergers and acquisitions affecting lodgement systems and processes?
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what is outstanding lodgement
- How is the lodgement process aligned with the overall financial management framework of the organization? What are the key internal stakeholders involved in the lodgement process, and how are their needs and expectations being met?
- How does the implementation of new systems or processes impact the rate of outstanding lodgements? Has there been a trend in the volume or value of outstanding lodgements over time?
- Are there any specific security requirements or contractual obligations for these vendors?
- What are the potential consequences of non-compliance, and how can these risks be mitigated?
- What are the key strategic goals related to lodgement management?
- 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?
- What are the communication protocols for different types of lodgement issues?
- What are the benefits of a centralized lodgement processing function?
- 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 are the disclosure requirements for outstanding lodgements? How do auditors assess the reasonableness of outstanding lodgements?
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