Northbridge Instruments, Inc.
NASDAQ: NBRI · FY26 · Materiality $21.4M
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LK
SOX · Procure to Pay

P2P-008 — Vendor master additions independently verified

New vendors are validated against supporting documentation and screened for duplicates and sanctions before activation.

Control attributes

Type
Business process
Nature
Manual
Frequency
Ongoing
Key control
Yes
Assertions
Occurrence, Rights & obligations
System
NetSuite
Owner
Procurement Controller
SOX scope
In scope
Last tested
Sep 14, FY26
Testing status
In testing
Samples tested
45
Exceptions
2

AI scoping reasoning

Morgan · Audit Manager Agent

In scope — fraud risk relevance

Linked risk

R-08Moderate
Fraudulent journal entries at period end

Manual top-side entries increased at Q2 close but all reviewed and supported.

Evidence

1 requests

EV-2055Received
Vendor master change audit trail

Validating completeness — record count differs from prior extract by 42.

Exceptions

1 identified

EX-114Under AI investigation
Two vendors activated without documented duplicate check.

Root cause: Duplicate check performed but not retained; procedure does not require evidence.

Population impact: Full-population analytic identified 14 potential duplicate vendor pairs.

Review notes

1 on this control

RN-495Open
Morgan (Audit Manager)Kai (Staff Auditor)

Extend procedures to the 14 potential duplicate vendor pairs identified by analytics.