Fiscal Year 2019 Financial Statements Audit Management Letter
Report Information
Recommendations
Fully implement and configure continuous monitoring accordingly.
Configure continuous monitoring accordingly.
Perform and document evidence of a periodic review and perform research and resolution, as appropriate.
Assess the need to further modify the cash flow model to adjust the PD assumption to account for the age and performance of each specific deal, or document the determination as to how such a model change would have an insignificant effect on the model…