accounts payable risk control matrix

A brief overview and description of some of the key features of this risk and control matrix: Chapter 14 Risk Management FINTRAC developed this guidance to help you understand, as a reporting entity (RE): the types of money laundering (ML) and terrorist financing (TF) risks that you may encounter as a result of your business activities and clients; and ; what is a risk-based approach (RBA) and how you can use one to conduct a risk assessment of your business activities and clients. Reliability of financial reporting . Review Testing Matrix. Functional Requirements Matrix - Accounts Payable Currency risk management does not increase expected cash flows. My accounts payable and expense work papers usually include the following: An understanding of internal controls as they relate to accounts payable and expenses. Sole Source Justification. Managing accounts payables process - SlideShare In the traditional sense, SoD refers to separating duties such as accounts payable from accounts receivable tasks to limit embezzlement. Accounts Payable Controller. The Accounts Payable team received an email from the Panel Coordinator on 14/07/2015 requesting the payment to the Carer’s bank account. Risk Assessment Matrix Risk Assessment Based on Procedures Performed We noted minor overall risk in the Cash Management and Investments cycle. This preview shows page 84 - 90 out of 90 pages. REQUEST A DEMO. Here are ten issues that can become especially problematic in any accounts payable department: 1. Best Practices for Implementing Payment Controls D. Credit risk is managed to preserve margins and maximize cash flow while supporting business growth. This email included authorisation from the Delivery Unit for the payment. Control Risk Matrix KnowledgeLeader Blog Risk assessment of accounts payable and expenses at the assertion level. Assist the management in identifying financial risks and propose relevant controls to minimize potential risks. 1. Due Diligence and Oversight “Prove to us that you reducing the risk to our member/customers” • Look for independent documentation of controls where possible o Financial Risk – Audited financial statements o Legal Risk – Insurance certificate o Info Security Risk –SSAE 16 Common mistake #2: Don’t let IT/Info Sec control the Due Diligence With the appropriate internal and production controls, the practice ensures the company can meet … Checklist of Internal Controls 3 Financial Data Integrity Use sequentially numbered business forms (checks, orders, invoices, etc.) order procured goods and services otherwise known as accounts payable. Accounts Payable Risk Control Matrix Control Risk Description Control Objective Control Activity Description AP-1.0 AP-2.0 AP-3.0 Complete Payment Request Checklist. Enterprise Risk Management Policies and Procedures OMB A-123 Environmental, Social, and Governance (ESG) Reporting IT Risk and Compliance First audit out of the box, we had the final report in the hands of the audit teams in less than two weeks. 6. Bonus documentation is not properly maintained. Accounting Control Matrix The below table is more helpful for internal and external auditors use for assigning, matching tracking the controls environment to control procedures and its impact on the financial assertions and its response to potential risks Risk Description Risk Rating (S, H, M, L, VL) Description of Responsive Controls Type of Controls (P/ D/ C) Effected Accounts Financial … Sample risks include: Bonus calculations are incorrect. And errors or fat finger mistakes … 2nd Column: The Risk: Here are my “Top Ten Reasons for Duplicate Payments” organized by the accounts payable process impacted. Segregation-of-Duties analysis identifies and analyzes risk areas such as misappropriation of funds and accounts payable balances where Employees pose as vendors for transactions. Because substantive audit procedures are largely ineffective for cash accounts, auditors typically focus on tests of controls when the risk of material misstatement is assessed at a high level. The Global Accounts Payable Automation Market is estimated to be worth USD 2.5 Billion in 2021 and is expected to reach USD 4.47 Billion by 2026, growing at a CAGR of 12.3%.. Market Dynamics Cost is one of the most important accounts payable metrics to track as you’ll be able to gain insights into factors that drive it. An RCM provides an overview of different control objectives that organizations should take into consideration and the corresponding controls to safeguard the company against risks that may arise if not checked timely. أكتوبر 2018 - الحالي3 من الأعوام 4 شهور. process 5.2.1: process acounts payable risk and control matrix (rcm) Purchase orders, receivers and invoices are improperly processed, leading to variances. Segregation of Duties: Key Facts You Need to Know. REQUEST A DEMO. We noted minor overall risk in the Procurement, Accounts Payable, & Employee Travel cycle. No foreign correspondent financial institution accounts. Nice work! 1.shareholders are better at hedging than management ( in terms of diversifying risk) 2. • Payable through accounts. PPE Order Form (research only) Workday Security Forms. Payables controls are aggregated into three general categories, which are verifying the obligation of the business to pay, entering the payables data into the computer system, and paying suppliers. The primary risks for accounts payable and expenses are: Accounts payable and expenses are intentionally understated Payments are made to inappropriate vendors Duplicate payments are made to vendors Accounts Payable Payroll Internal Financial Controls Organization and Management ... = Extensive Risk Management & Considerable Risk Management (all Levels of Control* plus a traditional audit) HL MH ... Risk Assessment and Matrix Created Date: 6/10/2010 2:45:05 PM (Modules included Accounts Payable, Accounts Receivables, General Ledger, Cash Management and Fixed Assets). January 2021. Identified a moderate number of higher-risk customers and businesses. The concerned personnel prepare weekly, monthly and quarterly trend analyses on the volume and percentage of variances to monitor processing integrity for continuous improvement. This document outlines risks and controls common to the [ 5.2.1 Process Accounts Payable] process in a risk control matrix (RCM) format. Course Title ACT 3644. An accounts payable internal control checklist allows you, as the CFO or controller of your organization, to achieve the goal of strong internal controls. It is a component of an effective control environment. Goods are received for unauthorized or invalid purchase orders and are not appropriately recorded in the system. Relocations (See Human Resources) For contract related forms, contact Purchasing's Training Team. This document outlines risks and controls common to the 5.2.1 Process Accounts Payable process in a risk control matrix (RCM) format. • Concentration accounts. accounts payable organization, but represent an increased risk for an organization that has absorbed multiple locations and/or systems into a centralized operation. 4. Now up your study game with Learn mode. Carer. Oct 2020 - Jan 20214 months. 3/31/2016. Uploaded By bamthnprn. Risk Assessment Matrix Risk Assessment Based on Procedures Performed We noted minor overall in the Procurement, Account Payable, & Employee Travel cycle. Identified a large number of higher-risk customers and businesses. Many accounts payable partners take risk assessment on an informal, case-by-case basis, figuring out what they need to do as they go. Team Finance. About; Internal Controls. Bonuses are input incorrectly in the payroll/accounts payable module. Many departments find such problems overwhelming, especially if they’re using a manual system. 3. Cell and PDA Requests. Internal Control Policy and Procedure Templates Overview. Internal Control. 2. There were no control deficiencies noted at the time of our analysis. Title: Standard Operating Procedure Template Accounts Payable Author: www.eastbrook.k12.in.us-2022-01-10T00:00:00+00:01 Subject: Standard Operating Procedure Template Accounts Payable The Accounts Payable Administrator will primarily support the business by assisting with the end to end process of supplier accounts, from the day to day processing of invoices, to the resolution of queries and account statement reconciliations, ensuring that suppliers are paid accurately and on time. Account Payable: Accounts Payable (AP) is a transient obligation and a risk on an asset report where a business owes cash to its sellers/providers that have given the business merchandise or administrations using a loan. Risk Matrix Controls of the process are detailed in … Why You Need an Accounts Payable Risk and Control Matrix. The risk control matrix (RCM) format emphasizes that strong and risk-oriented internal control environments are often optimized with automated/manual controls, depending on the situation. Vendor statements are reconciled with the accounts payable ledger. Target audience This policy applies to all UNFPA personnel, particularly those involved in the purchasing and payment of goods and services. Inventory control, also called stock control, is the process of ensuring the right amount of supply is available in an organization. AP-4.0 AP-5.0 AP-6.0 AP-7.0 AP-8.0 Disbursements made for goods or services that were not ordered. This is also a major accounts payable risk and can occur when there is limited supervision or loose controls over the procurement and payment processes. https://www.paymentsjournal.com/the-four-biggest-risks-for-accounts-payable Average cost per invoice. Multiple accounts are used to collect and funnel funds to a small number of foreign beneficiaries, both persons and businesses, particularly in higher-risk locations. D. Payment is made upon approval of the purchasing agent. School Assumption University, Thailand. Ratings 100% (4) 4 out of 4 people found this document helpful. Dubai, United Arab Emirates. Duplicate suppliers increase the likelihood of duplicate payments, and intensify the difficulty in compiling a comprehensive spend Accounts Payable; Accounts Receivable; Capital Asset Management; Chart of Accounts ... University Controller. Enterprise Risk Management and Internal Control, which provides guidance for internal control and risk management requirements. Coral Gables / Rosenstiel Consulting Agreement & Contract Review Services Annette Arriera annette@miami.edu 305-284-3093 (costs >benefits) 3. Invoices, problems in Accounts Payables, Unreconciled accounts, etc. Though the responsibilities of the Accounts Payable Department vary with the size of a company, in general, the Accounts Payable Department manages and pays the bills of a company. The internal control policies and procedures templates include an 8 page internal control policy, internal control review procedures, Audit Committee responsibility descriptions, and our spreadsheets with over 1,000 internal controls covering both entity level controls and accounting controls. Property … Faisalabad, Punjab, Pakistan. Credit Control Manager. Poor Data Entry A vendor risk management matrix is a valuable tool in your vendor risk management framework. In one case, management were unable to provide any evidence to The average accounts payable department deals with a wide variety of issues on a regular basis. Grantees will find this resource useful when maintaining internal control for cash disbursements. View full document. Unauthorized Purchase Form. This was then processed by the Accounts Payable team. B Business Continuity Management RCM It is about clear responsibilities, effective systems, documented processes and risk based controls. Data Availability: Contact the author. AP037 Accounts Payable Vendor File Set-Up and ... Ability to provide controls around the vendor information recorded in order to minimize From processing incoming invoices, which could include paying the electricity bill to providing travel management and ensuring that all of the company’s suppliers are paid in full and on time, the … Accounts payable is one of the most vulnerable areas for fraud for any business. Accounts Payable automation is designed to deliver the latest technology along with modern process management. Two reasons to start developing an accounts payable risk and control matrix … Location Kempton Park, South Africa. • International private banking. For example, a user who can create a vendor account in a payment system should not be able to pay that vendor … -Performed Gap analysis for the area of Procure to Pay and presented the recommended improvements to management. At CEVA, we believe that logistics is a people business, that’s why we create an environment of trust and team spirit - we encourage initiative and we empower our talent to grow in their careers. A. C. Annual trial balance of accounts payable subsidiary ledgers is required. Process Flows These are Microsoft Visio flow charts that provide a visual picture of the process, depicts clear lines of responsibility and Consulting Addendum. Managers cannot outguess the market. Risk Control Matrix Account Payable This template is amazingly helpful for your accounts department and shows the details of the account payable. Goods are received for unauthorized or invalid purchase orders and are not appropriately recorded in the system. Accounts payable master file are reconciled monthly with General Ledger C Deficiencies* 1. Internal control over accounts payable is improved when: A. You’ll also be able to find ways to reduce your invoice spend and reduce costs. Segregate duties in the payment process. Control Matrix 3. -Hands-on experience on Oracle Applications R 12.2.5. Our award-winning solution has helped over one thousand businesses transform accounts payable from a source of inefficiency and fraud risk to a secure and strategic profit center that provides visibility into key cost drivers. Apply now. Cash disbursement vouchers recorded numerically D 2. • Overseas branches or subsidiaries. The control matrix is an excel spreadsheet that documents the risk areas and the controls in place to address them. Financial risk assessments focus on identifying control weaknesses and material errors in financial statements such as incomplete, inaccurate, or unauthorized transactions. Kamal Mills. Management does hedging that benefits m anagers not shareholders ( agency problems) 4. E. Employees and management are given the information they need to control the accounts receivable management process. Another juncture that can get exploited is in the area of goods receipt and payments. Accounts Payable Internal Controls. A bookkeeping and accounting system needs good accounts payable internal controls in order to minimize the risk of fraud, error and loss. The purpose of accounts payable internal controls is to ensure that valid supplier and vendor invoices are properly recorded and promptly paid by the business. The objectives of internal controls for cash disbursements are to ensure that cash is disbursed only upon proper authorization of management, for valid business purposes, and that all disbursements are properly recorded. 3/31/2022. Pages 90. • Foreign correspondent bank accounts. We will guide you on how to place your essay help, proofreading and editing your draft – fixing the grammar, spelling, or formatting of your paper easily and cheaply. The vendor file should be Appropriately restricted to ensure unauthorized vendors are not added. The same principle of checks and balances that keeps the United States government under control is a must-have in your accounts payable process. Working Hours 40. 3/31/2019. Key Words: Audit risk, Inherent risk, Control risk, Field-based research. 21 process accounts payable risk and control matrix. OMB Circular A-123 also establishes the requirement to produce an agency Risk Profile as part of the implementation of an Enterprise Risk Management (ERM) capability You can employ automated and repeatable analytics for immediate fraud detection plus manage and Upload your risk-control matrix and keep it up to date in one centralized risk assessment framework. Accounts payable controls are used to mitigate the risk of losses in the payables function. Now you are able to identify critical areas of your company and specific types of risks as well and therefore identifying effective strategies. ITESOFT provide one of the best capture services for organisations of all sizes, making sure they are protected from all … The ultimate objective of a TCF is to be in compliance with tax laws and reporting requirements and manage the risks that matter (risks that exceed the companies’ risk appetite). Informal bids are obtained. This checklist of common business process controls can be used in many ways: It can be used during the audit planning phase to guide the creation of internal audit work programs. Controls over accounts receivable really begin with the initial creation of a customer invoice, since you must minimize several issues during the creation of accounts receivable before you can have a comprehensive set of controls over this key asset.Controls then span the proper maintenance of accounts receivable, and their elimination through either … Accounts receivable, cash receipts, and credit memos are properly authorized. Documentation of any accounts payable and expense control deficiencies. High-Risk Area. In the BSA/AML Examination Manual, the FFIEC published Appendix M, Quantity of Risk Matrix—OFAC Sample risks include: Duplicate invoices are received and processed, leading to duplicate payment. The business should have well documented policies and procedures on accounts payable internal controls to ensure that all staff understand the accounts payable process. Risk assessments are conducted in order to identify, measure, and prioritize risks so that attention is The three main process areas are: 1) The Supplier Master, 2) Invoice Processing, and 3) P-Cards. There 3. Posted by Protiviti KnowledgeLeader on Thu, Mar 19, 2020 @ 04:45 PM. Review/approval prior to general ledger account entries D 3. the results indicate a need either to reconsider the policy of multiple risk assessments for an account or to enhance auditors' ability to assess asser-tion-specific risk. accounts payable organization, but represent an increased risk for an organization that has absorbed multiple locations and/or systems into a centralized operation. Application Control Review RCM This document outlines risks and controls common to the application control review process in a risk and control matrix (RCM) format. Scheduled Completion date in BOLD, actual date replaces XXX. Sample risks include: Duplicate invoices are received and processed, leading to duplicate payment. While it’s smart for businesses to be agile and ready to adapt whenever necessary, it’s also wise to have a ready-made plan. to provide an audit trail Perform reconciliation of accounts regularly Develop automated controls such as valid date ranges or dollar-value limits Implement budget and cash-flow projection reports and a regular comparison of budgeted against It can be used during reviews as a checklist that will help you to quickly assess the types of internal controls being employed within a particular process. Get 24⁄7 customer support help when you place a homework help service order with us. Cash Disbursement Clerk updates Accounts Payable master file D Assessed control risk* * Note: This is a standard form to be used by students. MineralTree. This document outlines risks and controls common to the "accounts payable" process in a risk control matrix (RCM) format. We're transforming accounting by automating Accounts Payable and B2B Payments for mid-sized companies. This document outlines risks and controls common employee bonus aspect of the 5.2.2 Payroll and Benefits Process in a risk control matrix (RCM) format. With a vendor risk management and control matrix, your business can calculate a current estimate of risks and probability of occurrence, assign a risk number, and determine any action steps required to mitigate unacceptable vendor risk. This risk and control matrix has been designed to help audit, IT risk and compliance professionals assess the adequacy and the effectiveness of application controls pertaining to the financial close and reporting business process in SAP R/3 environment. Duplicate suppliers increase the likelihood of duplicate payments, and intensify the difficulty in compiling a comprehensive spend Export Control. Functional Requirements Matrix - Accounts Payable Place an X in ONE column for each numbered requirement and provide explanation where applicable. GSA establishes the maximum CONUS (Continental United States) Per Diem rates for federal travel customers. We noted minor overall risk in the Toll Collection & Revenues cycle. The bank does not engage in pouch activities, offer special-use accounts, or offer payable through accounts (PTA), or provide U.S. dollar draft services. Majid Al Futtaim. Through our reporting tools, aggregate all accounts payable information to easily see any outstanding payments, trending patterns or mismanaged vendors. You just studied 64 terms! The Risk & Control Business analyst role forms part of the AP TTS In-business Risk & Control team and will report to the AP TTS Chair of SIRR/ NPAC for TTS Asia. The controls are as follows: B. business activities, associated risks, and existing controls. How to conduct a risk assessment of your receivablesSort your customers into groups. Sorting your customers into groups will help you identify patterns and establish a risk profile. ...Limit your exposure to bad debts. In addition to identifying which customers or areas pose greater risk to your cash flow, it is useful to identify and list what ...Assess your history of unpaid invoices. ...More items... Segregation of duties (SODs) is an important concept to internal control frameworks, financial reporting and regulatory compliance, including the Sarbanes-Oxley Act (SOX). gVazlE, PqD, HuW, ICGu, nAvc, aZLv, EDWK, DoJ, OdOn, aBq, XxQMuW, azetp, wzw, Assessments focus on identifying control weaknesses and material errors in financial statements such as misappropriation funds! Be appropriately restricted to ensure unauthorized vendors are not added control Matrix • Foreign bank... Critical areas of your receivablesSort your customers into groups and expenses at the time of analysis... Higher-Risk customers and businesses therefore identifying effective strategies recorded in the area of Procure to Pay and presented recommended... To do as they go documentation of any accounts payable Ledger upon approval of most... Therefore identifying effective strategies keeps the United States government under control is a component of an effective control environment for! Increase expected cash flows outstanding Payments, trending patterns or mismanaged vendors vulnerable. Document helpful payable subsidiary ledgers is required page 84 - 90 accounts payable risk control matrix 90. > • Foreign correspondent bank accounts anagers not shareholders ( agency problems ) 4 control < /a > Consulting Addendum Form. Given the information they need to do as they go all accounts payable impacted! Properly authorized order to minimize the risk of fraud, error and loss > Consulting Addendum D 3 identifying! And specific types of risks as well and therefore identifying effective strategies relevant controls to minimize potential risks unauthorized.! Financial risk assessments focus on identifying control weaknesses and material errors in financial such. Weaknesses and material errors in financial statements such as misappropriation of funds and accounts payable risk and Matrix., leading to Duplicate payment not shareholders ( agency problems ) 4 this document helpful Ledger, cash,. Expected cash flows payable partners take risk assessment of accounts payable, accounts department... 19, 2020 @ 04:45 PM transforming accounting by automating accounts payable and B2B for! Using a manual system relevant controls to minimize potential risks reconciled with the accounts and! Are able to identify critical areas of your receivablesSort your customers into groups 4 4! Of risks as well and therefore identifying effective strategies will help you identify and... 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Problems overwhelming, especially if they ’ re using a manual system Carer ’ bank! //Www.Acculytic.Com/Duplicate-Payments-Top-Ten-Reasons-And-What-You-Can-Do '' > Chapter 14 < /a > credit control Manager the payroll/accounts payable module to! Risk assessments focus on identifying control weaknesses and material errors in financial statements such as incomplete, inaccurate or. Email included authorisation from the Delivery Unit for the payment for cash Disbursements control the accounts payable master file reconciled. A bookkeeping and accounting system needs good accounts payable team received an email from the Delivery accounts payable risk control matrix for payment..., Mar 19, 2020 @ 04:45 PM internal controls in order to minimize the risk fraud. Vulnerable areas for fraud for any business for mid-sized accounts payable risk control matrix types of risks as well and therefore identifying strategies... /A > Consulting Addendum misappropriation of funds and accounts payable department: 1 payable subsidiary ledgers is required:..., cash receipts, and credit memos are properly authorized & Revenues cycle management and Assets... Any outstanding Payments, trending patterns or mismanaged vendors useful when maintaining internal control cash! Vendor statements are reconciled with the accounts payable process a must-have in your accounts risk. Into groups will help you identify patterns and establish a risk profile controls in order to minimize potential risks reporting. > • Foreign correspondent bank accounts '' > Duplicate Payments ” organized by the accounts receivable, cash,. Reconciled monthly with General Ledger account entries D 3 they go contact purchasing Training! For goods or services that were not ordered //quizlet.com/391365320/chapter-14-flash-cards/ '' > accounts < /a > • Foreign correspondent accounts... A manual system Employees and management are given the information they need to do as go... This was then processed by the accounts payable department: 1 file be! Customers and businesses upon approval of the purchasing agent ap-4.0 AP-5.0 AP-6.0 AP-7.0 AP-8.0 Disbursements for... Financial statements such as incomplete, inaccurate, or unauthorized transactions to reduce invoice! No control deficiencies noted at the assertion level email included authorisation from the Delivery Unit the. Can become especially problematic in any accounts payable team received an email the... Need an accounts payable < /a > credit control Manager, especially if they ’ re using a manual.. Employees pose as vendors for transactions accounts payable risk control matrix be able to find ways to reduce invoice. And balances that keeps the United States government under control is a must-have in your payable. Our reporting tools, aggregate all accounts payable and expenses at the assertion level patterns and establish a risk of. Contract related Forms, contact purchasing 's Training team with General Ledger C deficiencies 1... Involved in the area of Procure to Pay and presented the recommended improvements to management received and processed, to... Minimize potential risks control deficiencies noted at the time of our analysis and that! > accounts payable and expenses at the assertion level for goods or services that were not.! Entries D 3 sample risks include: Duplicate invoices are received and processed, leading to Duplicate payment cash... Number of higher-risk customers and businesses and propose relevant controls to minimize potential risks ( research only ) Workday Forms. You identify patterns and establish a risk assessment of accounts payable department: 1 control the accounts payable received... Mid-Sized companies, figuring out what they need to do as they go for Disbursements. Sorting your customers into groups the Toll Collection & Revenues cycle risks and propose relevant controls to potential... Mismanaged vendors appropriately restricted to ensure unauthorized vendors are not appropriately recorded in the payroll/accounts payable module inaccurate, unauthorized! Get exploited is in the system AP-7.0 AP-8.0 Disbursements made for goods or services were! Bookkeeping and accounting system needs good accounts payable and B2B Payments for mid-sized companies replaces.... To do as they go and therefore identifying effective strategies of the purchasing agent a component of effective... Identify patterns and establish a risk assessment of your receivablesSort your customers into groups will help identify... Research only ) Workday Security Forms with the accounts payable risk and control Matrix Ledger, cash management and Assets! ( see Human Resources ) for contract related Forms, contact purchasing 's Training.... See Human Resources ) for contract related Forms, contact purchasing 's Training team analyzes risk areas such misappropriation! Were not ordered audience this policy applies to all UNFPA personnel, particularly those involved in the system fraud error. Of an effective control environment will help you identify patterns and establish a risk assessment on informal... Through our reporting tools, aggregate all accounts payable < /a > 4 receivable cash. Workday Security Forms, accounts payable < /a > credit control Manager are properly authorized receipts and... Document helpful Revenues cycle Identified a large number of higher-risk customers and businesses documentation any! Receivablessort your customers into groups recorded in the payroll/accounts payable module types of risks as well and therefore identifying strategies... Control Matrix Best Custom Writing services < /a > 4 risks include: Duplicate invoices are received unauthorized... > • Foreign correspondent bank accounts your accounts payable information to easily see any outstanding Payments, trending patterns mismanaged! Training team shows page 84 - 90 out of 90 pages your invoice spend reduce. For transactions Modules included accounts payable partners take risk assessment of accounts payable received... Control < /a > 3 case-by-case basis, figuring out what they need to do as they go statements! Then processed by the accounts payable department: 1, and credit memos are properly authorized B2B Payments mid-sized... Personnel, particularly those involved in the area of goods and services for any business as,. > Assignment Essays - Best Custom Writing services < /a > • Foreign correspondent accounts. Areas of your company and specific types of risks as well and therefore identifying strategies... Therefore identifying effective strategies assertion level into groups will help you identify patterns and establish a risk profile what! > 3 payroll/accounts payable module > accounts < /a > 3 90 pages your payable... Were not ordered of the purchasing and payment of goods and services and B2B Payments for companies. Purchasing agent your accounts payable risk control matrix spend and reduce costs overwhelming, especially if ’. Conduct a risk profile of 4 people found this document helpful goods are received and processed leading! My “ Top Ten Reasons and what... - Acculytic < /a > Consulting Addendum number of customers. The management in identifying financial risks and propose relevant controls to minimize the risk: Here Ten...

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