


What are the key considerations for prioritizing the resolution of different outstanding lodgements?
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what is outstanding lodgement
- Are there any data encryption measures in place to protect sensitive data at rest and in transit? Are there any intrusion detection or prevention systems in place to protect the lodgement and reconciliation infrastructure?
- How is the risk associated with different types of outstanding lodgements assessed? What are the procedures for writing off long-outstanding lodgements that cannot be resolved?
- Do these lodgements require additional levels of approval or verification?
- What regulations govern lodgement processes?
- Are there any regular management reviews of the reconciliation process and any outstanding reconciliation differences?
- What are the considerations for implementing a new lodgement system? How is data migration handled during a lodgement system upgrade?
- Are there any hedging strategies in place to manage the risk of foreign currency fluctuations related to lodgements? How are intercompany lodgements processed and eliminated in consolidated financial statements?
- How are these fees accounted for? How are customer inquiries or complaints related to lodgements handled?
- How is the accuracy of lodgement data ensured? What are the different types of lodgement instructions?
- How are the performance and effectiveness of the lodgement and reconciliation teams measured? Are there any service level agreements (SLAs) in place for key lodgement and reconciliation activities?
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