This Control has the following implementation support Control(s):
Acknowledge payments in accordance with contractual obligations or legal obligations., CC ID: 06897
Refund charges to interested personnel and affected parties in accordance with contractual obligations or legal obligations., CC ID: 16574
Include subsidiary accounting requirements in the accounting system., CC ID: 16698
Include financial consolidation requirements in the accounting system., CC ID: 16696
Include a reconciliation process in the accounting system., CC ID: 08951
Include traceability documentation in the accounting system., CC ID: 08952
Include a documented list of purchases and receipts in the accounting system., CC ID: 08953
Include a reconciliation process for inventories, receipts, sales, losses, and tolling in the accounting system., CC ID: 10017
SELECTED AUTHORITY DOCUMENTS COMPLIED WITH
The smelter must have an accounting system to document the tin/tungsten/tantalum receipts and products that are shipped and sold. (§ B(II) ¶ 1, Conflict-Free Smelter (CFS) Program Supply Chain Transparency Smelter Audit Protocol for Tin, Tantalum and Tungsten, December 21, 2012)
Buyers and sellers should maintain records that include the date and/or lot codes and serialization number of the purchase order and invoice. (App D § D.1.1.a, SAE AS 5553: Fraudulent/Counterfeit Electronic Parts; Avoidance, Detection, Mitigation, and Disposition, Revision A)
Financial and accounting controls in place to clear and settle transactions. (App A Tier 1 Objectives and Procedures Objective 6:7 Bullet 1, FFIEC IT Examination Handbook - Retail Payment Systems, April 2016)
Proper accounting controls for the balancing, settling, and reconciliation of all bankcard and acquiring accounts under its control. (App A Tier 2 Objectives and Procedures F.7 Bullet 1, FFIEC IT Examination Handbook - Retail Payment Systems, April 2016)
