Financial Close Process Questionnaire: Upload Data From the General Ledger to the Consolidations System

The financial close process includes uploading data from the general ledger (GL) to the consolidations system. The process should include someone at the business unit level approving the finalized GL and then preparing the GL data for upload into the consolidations system.

This questionnaire focuses on the financial close process, specifically the part of the process when data is uploaded from the GL to the consolidations system. The document includes a process description, key risks, expected key controls and key questions to ask during this process review.