FINANCIAL ASSERTION title: financial assertion (GRC) (SAP Library - Glossary)
FINANCIAL ASSERTION category: Governance Risk Compliance (GRC)
FINANCIAL ASSERTION explained:
A representation regarding a significant account. For example, a declaration may be made that the financial statements reflect a complete record of all the financial transactions carried out by an organization in a specific period. The declaration (or assertion) of completeness will be tested by an auditor, who looks at the controls that support that statement.
More terms such as financial assertion in Dictionary F.
- Manual Facts:
- Help such as 100 kW) or keys (for prices, for example) that are allocated to operands and are valid for a specific period. According to the level on which the facts are allocated, they can refer to financial assertion definition.
- Manual Financial Analytics:
- Help A key functional area of mySAP Business Intelligence that enables business planning and forecasting, activity-based cost and profitability management, working capital, and investment management financial assertion explain.
- Manual FMLA Guideline:
- Help stipulating whether an employee is entitled to absences covered by the Family and Medical Leave Act and, if so, the associated conditions. Guidelines can be from the federal Family and Medical Leave financial assertion what is.
- Manual Financial Transaction (PSM-FM):
- Help in a commitment item master record. It is the technical name for a business transaction. It is central to the recording of actual and commitment values in Cash Budget Management and Funds Management financial assertion meaning.
- Manual Feeder System (SLL):
- Help System that is upstream from SAP Global Trade Services (SAP GTS) and supplies SAP GTS with data financial assertion abbreviation.
