Assess whether related-party revenue is arm's-length (58d1e6)

SITUATION After an SEC comment letter on revenue, ghost-employee payroll extract is what external counsel's accounting expert can touch in a construction contractor on percentage-of-completion. Forensic Accounting will live with Remove access or reverse the item versus Temporary compensating control on this Occupational Fraud file.

DECISION External counsel's accounting expert in a construction contractor on percentage-of-completion must choose Remove access or reverse the item / Temporary compensating control / Approve a documented exception / Hold using ghost-employee payroll extract after an SEC comment letter on revenue.

HYPOTHESES TO TEST 1. External counsel's accounting expert can defend Remove access or reverse the item from ghost-employee payroll extract after an SEC comment letter on revenue in a Forensic Accounting challenge. 2. External counsel's accounting expert cannot defend Remove access or reverse the item from ghost-employee payroll extract; Temporary compensating control is what the extract actually supports after an SEC comment letter on revenue. 3. An SEC comment letter on revenue never reached the population in ghost-employee payroll extract — reopen intake, do not close related-party revenue is arm's-length. 4. Two facts in ghost-employee payroll extract after an SEC comment letter on revenue conflict for external counsel's accounting expert; hold this Occupational Fraud file.

ANALYSIS REQUIRED 1. Separate a close-process miss from a qualitative SAB 99 issue in a construction contractor on percentage-of-completion. 2. Reconstruct vendor, journal, or inventory lines in ghost-employee payroll extract through the window opened by an SEC comment letter on revenue. 3. Trace approval, SoD, and related-party links that ghost-employee payroll extract actually shows. 4. For this Forensic Accounting Occupational Fraud file, read ghost-employee payroll extract against an SEC comment letter on revenue and write the one fact that would move related-party revenue is arm's-length for external counsel's accounting expert.

RECOMMENDATION Choose Remove access or reverse the item / Temporary compensating control / Approve a documented exception / Hold on this Forensic Accounting / Occupational Fraud packet (ghost-employee payroll extract after an SEC comment letter on revenue). Lead with the Forensic Accounting option ghost-employee payroll extract can support after an SEC comment letter on revenue, then the two facts that force it, then the Monday action for external counsel's accounting expert in a construction contractor on percentage-of-completion.

COMMAND RETURNS - Bottom-line Forensic Accounting option on related-party revenue is arm's-length, then the evidence in ghost-employee payroll extract, then the action for external counsel's accounting expert - Hypothesis scorecard against ghost-employee payroll extract: supported / rejected / untestable - Regulatory or exam hook Occupational Fraud would cite - Occupational Fraud finding in ghost-employee payroll extract that a second reviewer can re-perform