Gaps in activities and ‘Physical verification’ AC-5-5 documentation of cash report should be maintained’ Ticket reconciliation AC-1/AC-3 daily as well as at the end of the tournament must be introduced Fixed assets register AC-13-9 should be maintained Reconciliation for AC-26-1 major creditor account has to be prepared periodically A common thread running across all the recommendations in the previous section is the implementation of an IT solution for automation of processes. Implementation of an integrated IT solution would ensure that a majority of the process gaps are addressed thereby improving productivity and the control environment. The process automation recommendations across departments are summarized in this section and presented under different modules for better clarity. The desired functionality of each module is given below. These modules can be implemented independently or developed as part of an ERP implementation. Membership Management Module Membership Management Module will have following functionality: Membership application processing Generation of necessary forms, such as: Membership Registration Form Membership Renewal Form Membership Transfer Form
Gaps in activities and documentation ‘Physical verification’ of cash report should be maintained’ AC-5-5 Ticket reconciliation daily as well as at the end of the tournament must be introduced AC-1/AC-3 Fixed assets register should be maintained AC-13-9 Reconciliation for major creditor account has to be prepared periodically AC-26-1 A common thread running across all the recommendations in the previous section is the implementation of an IT solution for automation of processes. Implementation of an integrated IT solution would ensure that a majority of the process gaps are addressed thereby improving productivity and the control environment. The process automation recommendations across departments are summarized in this section and presented under different modules for better clarity. The desired functionality of each module is given below. These modules can be implemented independently or developed as part of an ERP implementation. Membership Management Module Membership Management Module will have following functionality: Membership application processing Generation of necessary forms, such as: Membership Registration Form Membership Renewal Form Membership Transfer Form
final-report-volume-2.docx