Extended note
Q3 spend review for a New Taipei electronics plant
The controller asked us to examine one fiscal quarter of PO-backed spend before the group’s year-end external audit. Population: roughly 4,200 invoices across 180 vendors. We stratified high-value packaging and component suppliers, newly onboarded vendors, and a random slice of the rest.
Fieldwork ran three weeks on site. Eighteen findings made the final register; five were rated high — including split purchases under the NT$50,000 threshold and goods receipts signed by the same buyer who raised the PO. Management accepted fourteen items in the comments window; two remain under discussion with group purchasing.
Constraint worth naming: paper GRNs from one satellite warehouse arrived two days late each pull, which slowed exception clearance. For the next cycle the plant agreed to scan receipts weekly into a shared folder before any review begins.