Case Study - Accruals Reporting Root Cause Failure Analysis
Transcript of Case Study - Accruals Reporting Root Cause Failure Analysis
Case Study: Accruals Reporting Root Cause Failure Analysis
Define
•To develop a robust process for recording and reviewing accruals to ensure quality financial reporting.•Map an opportunity tree to identify gaps.•Develop a “macro map” to identify general process & set timeline.
Measure
•Develop a timeline of events leading to this team.•Gather existing accrual tracking sheets.
Analyze•Execute Root Cause Failure Analysis on the existing process.• Perform gap analysis based upon results of RCFA.
Improve•Utilize an existing software to consolidate necessary information to improve gaps.
Learn•Create a short & long term control plan.
Process Summary
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Define
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Measure
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Analyze
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Improve
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Learn
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Learn more
Ajay Patel
[email protected] | (856) 905‐4691
Neil Shah
[email protected] | (215) 316‐6148
www.pexa.biz