Northbridge Instruments, Inc.
NASDAQ: NBRI · FY26 · Materiality $21.4M
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Issues

Findings

Agents draft the finding, root cause and recommendation from the tested evidence. Nothing is issued to management until a human approves it.

Open findings
12
6 shown
High rated
3
2 issued
Awaiting your approval
2
F-2074, F-2071
Closed FY26
19
Avg. 41 days open
F-2074HighDraftENG-101

Credit memo approval routing gap after workflow change

Review for approval
Drafted by
Morgan (Audit Manager)
Owner
Director, Revenue Accounting
Remediation due
Dec 31, FY26
Root cause
Change to the returns queue removed approval routing without control impact assessment.
Recommendation
Restore approval routing for returns-queue credit memos and add a control impact assessment step to ERP change management.
Management response
Pending — draft awaiting human approval AP-311.
Issue Agent

Finding rated high based on the tested evidence, prevalence in the population, and whether compensating controls detected the matter. Rating and issuance require human approval.

F-2071MediumAwaiting approvalENG-102

Terminated user access not removed within standard

Review for approval
Drafted by
Rowan (Senior Auditor)
Owner
IT Operations Lead
Remediation due
Nov 30, FY26
Root cause
Contractor terminations processed outside Workday are excluded from the automated feed.
Recommendation
Extend the termination feed to contractor records and add a weekly reconciliation of active accounts to HR status.
Management response
Pending — awaiting approval AP-304.
Issue Agent

Finding rated medium based on the tested evidence, prevalence in the population, and whether compensating controls detected the matter. Rating and issuance require human approval.

F-2068HighIssuedENG-102

Segregation of duties conflicts without mitigating controls

Remediation
Drafted by
Rowan (Senior Auditor)
Owner
CIO
Remediation due
Jan 31, FY27
Root cause
SoD ruleset not refreshed after the FY25 role redesign.
Recommendation
Remediate the 41 conflicts without mitigating controls and refresh the SoD ruleset quarterly.
Management response
Agreed. Role redesign wave 2 will remediate 34 conflicts by December; 7 will be accepted with documented mitigation.
Issue Agent

Finding rated high based on the tested evidence, prevalence in the population, and whether compensating controls detected the matter. Rating and issuance require human approval.

F-2065MediumManagement responseENG-103

Third-party logistics contingency plan untested

Remediation
Drafted by
Priya (Audit Manager)
Owner
VP Supply Chain
Remediation due
Dec 15, FY26
Root cause
Contingency plan exists but no tabletop or failover test since onboarding.
Recommendation
Perform an annual failover test with the secondary carrier and document results.
Management response
Agreed. Tabletop exercise scheduled for November with the secondary carrier.
Issue Agent

Finding rated medium based on the tested evidence, prevalence in the population, and whether compensating controls detected the matter. Rating and issuance require human approval.

F-2061LowIssuedENG-101

Duplicate vendor checks not evidenced

Remediation
Drafted by
Kai (Staff Auditor)
Owner
Procurement Controller
Remediation due
Nov 15, FY26
Root cause
Procedure does not require retention of duplicate check results.
Recommendation
Require retention of duplicate check output in the vendor onboarding record.
Management response
Agreed. Onboarding checklist updated effective October.
Issue Agent

Finding rated low based on the tested evidence, prevalence in the population, and whether compensating controls detected the matter. Rating and issuance require human approval.

F-2059MediumClosedENG-096

Bank reconciliation review evidence incomplete

Remediation
Drafted by
Dev (Senior Auditor)
Owner
Treasurer
Remediation due
Aug 31, FY26
Root cause
Reviewer sign-off captured by email rather than in the reconciliation tool.
Recommendation
Capture reviewer sign-off within the reconciliation platform.
Management response
Completed. Sign-off now recorded in the platform; validated by retest.
Issue Agent

Finding rated medium based on the tested evidence, prevalence in the population, and whether compensating controls detected the matter. Rating and issuance require human approval.