Cloud Readiness / Oracle Fusion Cloud Financial Reporting Compliance
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  1. Update 22B
  1. Revision History
  2. Overview
  3. Risk Common
    1. Transactional Business Intelligence for Risk Management
        1. Reports Now Cover Control Stratification
        2. Reports Now Cover Approval History Attributes for Remediation Plan
        3. New Subject Area for Transaction Model Results
    2. Common Risk Management
        1. Improvement in Mass Edit Security Assignment for Advanced Control Incidents
        2. Improvement in Mass Edit Security Assignment for User Group Membership
  4. Financial Reporting Compliance
    1. Financial Reporting Compliance
        1. Changes to Managing Survey Responses
        2. New Quick Actions for Financial Reporting Compliance

Update 22B

Revision History

This document will continue to evolve as existing sections change and new information is added. All updates appear in the following table:

Date Product Feature Notes
04 MAR 2022     Created initial document.

Overview

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Risk Common

Transactional Business Intelligence for Risk Management

Reports Now Cover Control Stratification

A new Control Stratification attribute has been added to the Risk Detail dimension located in the Risk Management Cloud - Assessment Results Real Time subject area.

Reports Now Cover Approval History Attributes for Remediation Plan

The remediation plan approval history attributes have been added to the Remediation Plan Details dimension located in the Risk Management Cloud - Assessment Results Real Time and Risk Management Cloud - Compliance Real Time subject areas.

New Subject Area for Transaction Model Results

A new subject area for Advanced Financial models provides the ability to report on transaction model results. Report synchronization can be performed for one or more specific models at a time so that model results can be analyzed before a model is deployed as a control.

Common Risk Management

Improvement in Mass Edit Security Assignment for Advanced Control Incidents

Because the volume of incidents requiring security updates may be great, there are now capabilities for searching, selecting, and performing mass-security updates that are unique to incidents.

Improvement in Mass Edit Security Assignment for User Group Membership

There are two updates related to user group membership in the Mass Edit Security Assignment functionality. 

  1. The ability to efficiently find user groups based on their membership will now include a defined filter for user groups with no eligible members.
  2. The ability to see all the existing members within a user group.

Financial Reporting Compliance

Financial Reporting Compliance

Changes to Managing Survey Responses

The management of survey responses has been expanded to allow the survey owner to close or allow responses to an active survey. Two additional states have been added: Open to Responses and Closed to Responses. In addition, new actions have been implemented to enable the owner to change the survey state.

New Quick Actions for Financial Reporting Compliance

To enhance the ease of navigation, 19 new quick actions were added to support the creation of Financial Reporting Compliance records.