Control Intelligence

Purchase Requisitions & POs

Requisition approval, PO generation, delegation of authority (DOA) enforcement.

Sub-Process Score
68/ 100
Adequate
11/14 responses received
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Control Objectives (1)

P2P-PO-01
COSO P10COSO P12ICFR.P2P.PO.01IIA IV.9.2
Purchase requisitions are approved per the delegation of authority matrix.
Risk: Unauthorized spend commitments.
Assessment Questions (3)
  • 01A current signed Delegation of Authority (DOA) matrix exists and is enforced in the ERP.Document
  • 02The DOA is reviewed at least annually.
  • 03Splitting POs to circumvent DOA limits is detected via exception reporting.