The
audit program contains
64 tests
designed to evaluate adequacy
of the key configuration settings, monitoring techniques and access
restriction mechanisms to sensitive transactions in SAP R/3 within the
following inventory sub-processes:
Managing Inventory -
controls to ensure that inventory is salable or usable and that
adjustments to inventory prices or quantities are valid, recorded
accurately, timely and in the appropriate period:
- Monitoring procedures for slow-turnover inventory (MC46,
B5M, MC50, MC.B, etc.)
- Monitoring changes to inventory prices & quantities
(CKMD, MB51, MM04, MB59, etc.)
- Access to maintain work centers in SAP R/3 (CR01, CR02,
etc.)
- Access to input physical inventory counts (LI11/LI11N,
LI12/LI12N, LI20/LI21, MI01-MI10)
- Access to maintain material master posting periods (MMPV,
MMRV, etc.).
Receiving and Storing Raw
Materials and Purchased Inventory - controls to ensure
that purchased inventory (including raw materials) represent materials
acquired by the entity, recorded accurately, timely and in the
appropriate period:
- Monitoring changes to goods received (MBSM, etc.)
- Access to maintain goods received (MB01, MB0A, MBST, MB31,
MB1C, etc.)
- The Goods receipt/Invoice receipt (GR/IR) account (MR11,
MB5S, etc.)
- Access to settle POs using Evaluated Receipt Settlement
functionality (MRRS, MRRL).
Requisitioning Materials,
Producing & Costing Inventory - controls to ensure
that transfers of raw materials to production are recorded accurately
& in the appropriate period and that production costs are
consistent with actual expenses associated with production:
- Access to maintain Bill of material (CS80, CS01, CS02, etc.)
- Monitoring inventory in transit (MB5T, etc.)
- Goods issue & posting transfers between plants
(MB1A, MB1B, MB11, MIGO, etc.)
- Monitoring costs associated with process and production
orders (CK13, COR3, etc.).
Handling Finished Products
- controls to ensure that finished goods are recorded completely and
accurately in the appropriate period:
- SAP R/3 edits and validates input data for goods received
(OMCJ, etc.)
- Reconciliation of inventory counts to the inventory records
& to quantities recorded in the G/L (RM07IMAT, RM07IINV,
RM07IDOC, RM07IDIF, RM07ICDD, RM07MBST, etc.).
Shipping Finished Products
- controls to ensure that shipments are recorded accurately, timely and
in the appropriate period and the costs of shipped inventory are
accurately recorded and transferred from inventory to the cost of
sales:
- Access to maintain sales orders, inquiries, quotations,
contracts, scheduling agreements, delivery & billing documents
(VA01, VA02, VA11, VA12, VA21, VA22, VA31, VA32, VA41, VA42,
VL01,VL01N, VL01NO, VL02, VL02N, VF01, VF02, VF11, FB01, etc.)
- Monitoring incomplete & blocked sales orders (V.02,
VA05, V.00, V.15, V23, V.14, VFX3)
- Configuration of valuation areas, valuation classes, chart
of accounts, and assignment of the G/L accounts (OMWM, OMWD, OX14,
OX10,
OX02, OBY6, OMSK, OMWB, FS03, etc.).
Maintaining Inventory
Master File - controls to ensure that only valid changes
are made to the inventory management master file:
- Access to maintain material master file (MM01, MM02, MM06,
etc.)
- Segregation/separation of duties within SAP R/3 inventory
functions
- Monitoring procedures to ensure accuracy, completeness, and
validity of the material master data, and much more.
Everything has been conveniently pre-documented
with fill-in fields
for company-specific information (entity name, date, data extracted
from the system, etc.) which will
allow you to proceed with your assessment immediately.
Please click
here
to view a part of the audit
program to ensure it's right for you.
Price: $60.00
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