Cloud Readiness / Oracle Fusion Cloud Financial Reporting Compliance
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  1. Update 23A
  1. Revision History
  2. Overview
  3. Risk Common
    1. Common Risk Management
        1. UX Improvements
    2. Transactional Business Intelligence for Risk Management
        1. New Fact Folder Relationships Between Existing Dimension Folders
        2. New Dimension Control Assessment Result Details Available
  4. Financial Reporting Compliance
    1. Financial Reporting Compliance
        1. Record ID Is Displayed and Available for Search
        2. Improvements to Form Layouts
        3. Selection of Perspective Hierarchies for Assessment Batches Is Refined
        4. Support of Rich HTML in Survey Instructions
        5. Search for Controls by Type

Update 23A

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 Module Feature Notes
02 DEC 2022     Created initial document.

Overview

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Risk Common

Common Risk Management

UX Improvements

Oracle continues to enhance the user experience. To ensure clarity, enhancements were made in the following UX pages:

  • Risk Management > Setup and Administration > Configuration Options
  • Risk Management > Setup and Administration > Lookups

Transactional Business Intelligence for Risk Management

New Fact Folder Relationships Between Existing Dimension Folders

In the Risk Management Cloud Compliance Real Time and Assessment Results Real Time subject areas, information is centered on a fact, and that fact is joined to several dimensions. Additional fact relationships between existing dimensions have been implemented, thereby enhancing your real-time insight into your data.

New Dimension Control Assessment Result Details Available

A new dimension is now available in Risk Management Cloud - Compliance Real Time: Control Details > Control Assessment Result Details.

Financial Reporting Compliance

Financial Reporting Compliance

Record ID Is Displayed and Available for Search

The system-generated record number is now rendered as a record ID for the following object records: Process, Risk, Control, all Control Test Plans, Assessment Result Record, Issue, Remediation Plan, and Action Item. These record IDs are visible in OTBI and can be configured as deep links.

Improvements to Form Layouts

Oracle continues to enhance the user experience. Layout improvements have been made in the Detail forms and Additional Information panels for records of the following objects.

  • Assessment Records
  • Controls
  • Control Test Plans
  • Issues
  • Remediation Plans

In addition there were table header changes made to Perspectives > Perspectives Hierarchies definition UX page.

Selection of Perspective Hierarchies for Assessment Batches Is Refined

The Assessment Batch Scoping guided process now makes perspective hierarchies available only if they are mapped to the type of object you're assessing (Process, Risk, or Control).

Support of Rich HTML in Survey Instructions

In the Create Survey Template page, you can now apply rich HTML to the survey's instructions.

Search for Controls by Type

In the Controls search page, you can now search for control records by type. You define control type values in the Lookups feature of Setup and Administration, and then assign the values to controls as you create or edit them.