Journal Entry Testing

Use this template to plan and document journal entry population completeness, selection criteria, testing, and exceptions.

Template Metadata

Objective

State fraud or management override risk addressed, period, systems, and assertions.

Notes

[Add context, assumptions, exceptions, evidence links, screenshots, calculations, or reviewer comments.]

Population Completeness

Document journal source reports, extraction parameters, reconciliation to GL totals, and excluded entries.

Notes

[Add context, assumptions, exceptions, evidence links, screenshots, calculations, or reviewer comments.]

Selection Criteria

Define high-risk filters such as manual entries, late postings, round amounts, unusual accounts, or senior preparers.

Notes

[Add context, assumptions, exceptions, evidence links, screenshots, calculations, or reviewer comments.]

Sample Listing

List selected journal IDs, dates, preparers, approvers, accounts, amounts, and rationale.

Notes

[Add context, assumptions, exceptions, evidence links, screenshots, calculations, or reviewer comments.]

Procedures Performed

Describe inspection of support, approval evidence, business purpose, account coding, and posting date.

Notes

[Add context, assumptions, exceptions, evidence links, screenshots, calculations, or reviewer comments.]

Exceptions

Document missing support, approval gaps, unexplained entries, proposed adjustments, and management responses.

Notes

[Add context, assumptions, exceptions, evidence links, screenshots, calculations, or reviewer comments.]

Conclusion

State whether testing identified evidence of override or control failure and list follow-up items.

Notes

[Add context, assumptions, exceptions, evidence links, screenshots, calculations, or reviewer comments.]

Review and Signoff

Document review conclusions, approvals, unresolved items, and next review date.