• Reviewing and approving control descriptions: Financial Reporting Compliance allows you to define business processes, identify risks, and create controls to counter those risks. Part of this process involves reviewing and ensuring the accuracy and completeness of control descriptions1.
• Reviewing control assessment results: The platform enables you to assess the validity of the controls over time. This includes reviewing the results of control assessments and any issues related to their effectiveness1.

References:

• Overview of Oracle Financial Reporting Compliance1.
• Oracle Fusion Financial Reporting Compliance Cloud Service2.

To bypass the approval process when updating risks, you should ensure that no user is assigned a job role that includes the Risk Reviewer Composite or Risk Approver Composite Duty Role. This configuration prevents the system from initiating the review and approval process each time a risk is updated.

References:

• Bypass the Approval Chain1.
• REST API for Oracle Fusion Cloud Risk Management2.

• Identify the number of access points in each entitlement.
• Since the entitlements do not share access points, each access point in one entitlement can be paired with each access point in the other entitlement.
• Multiply the number of access points in the first entitlement by the number of access points in the second entitlement to find the total number of combinations.