What controls belong in an R2R process?

Detailed Explanation

Three families. Reconciliations, which confirm that the ledger agrees with an independent source. Journal governance — preparation and review separated, supporting documentation attached, and standing entries reviewed rather than rolled forward indefinitely. And approval workflows with thresholds that route higher-value or unusual entries to a level that can genuinely assess them. Each one exists to catch a different failure. Together they are what keeps error rates low enough that the close is producing assurance rather than just producing numbers.