Question regarding the yield analysis, which is done on a regular basis....Finance DOES the analysis and then IA tests/validates it on a quarterly basis to see that it is within reason. Is this an IA function? I am thinking that it isn't. Are there any requirements or guidelines?
So, we shouldn't need to audit it or validate it on a regular basis? I am looking to make a case to my supervisor, so any further info is appreciated. I don't see any value in doing the review and quite frankly it is a waste of time.