In testing controls, the auditor can obtain evidence from the
client’s information system and analyze it in a tabular or visual
form. Your client has controls in place regarding credit limits for
customers. The client’s software has the capability to compare a
customer’s outstanding receivable balance, plus the anticipated
sale, with the customer’s credit limit in the approved customer
master file. Credit limits vary by customer. For a sale to be made
that will cause the customer to exceed the...
What processes in a FinTech organization or a business can
benefit from benchmarking? How?
Are there challenges that may become present when trying to
conduct benchmarking? What recommendations do you have to overcome
these obstacles?
Demonstrate how each of the benchmarking tools (Best Practices,
Peer Benchmarking, SWOT Analysis, Collaborative Benchmarking and
etc…) can be used to ensure success?