Segregation of Duties Framework

document.xls Page 1 of 23

SOD Framework

Expenditure Fixed Assets Inventory1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 23 24 25 26 27 28 29 30 31 32

Init

iate

Ch

eck

s fo

r Exp

en

dit

ure

s

Pre

pare

Check

Revie

w,

Au

thori

ze o

r Sig

n C

heck

s

Mail

Check

Invest

igate

Dis

crepanci

es

or

Issu

es

Ed

it V

en

dor

Mast

er

File

Init

iate

Pu

rchase

of

Fixed A

ssets

Auth

ori

ze P

urc

hase

s of

Fixed A

ssets

Reco

rd F

ixed

Ass

et

Tra

nsa

ctio

ns

Init

iate

Dis

posa

l of

Fixed

Ass

ets

Invest

igate

Dis

crepanci

es

or

Issu

es

Ed

it F

ixed A

sset

Mast

er

File

Init

iate

Pu

rchase

of

Inven

tory

Inp

ut

Purc

hase

Ord

ers

Sh

ip Invento

ry

Reco

rd In

vento

ry T

ransa

ctio

ns

Invento

ry c

oun

t R

esp

on

sibili

ty

Invest

igate

Dis

crepanci

es

or

Issu

es

Main

tain

inven

tory

reco

rds

Ed

it Inven

tory

Mast

er

File

Acc

ess

an

d/o

r C

ust

ody t

o Inven

tory

Exp

en

dit

ure

1 Initiate Checks for Expenditures X X X

2 Prepare Check X X X

3 Review, Authorize or Sign Checks X X X X X

4 Mail Check X X X X X X X

5 Investigate Discrepancies or Issues X X X X X X X X X X X X X X X X

6 Edit Vendor Master File X X X X X X X X X X X

Fix

ed

Assets

7 Initiate Purchase of Fixed Assets X X X X X X X X X X X X

8 Authorize Purchases of Fixed Assets X X X X X X X X X X X X

9 Record Fixed Asset Transactions X X X X X X X X

10 Initiate Disposal of Fixed Assets X X X X X X X X X X X X X

11 X X X X X X X X

12 Access and/or Custody to Fixed Assets X X X X X X X X X X X X

13 X X X X X X X X X X X X X X

14 Edit Fixed Asset Master File X X X X X X X X X X

Inven

tory

15 Initiate Purchase of Inventory X X X X X X X X X X X X X X X X X X

16 Input Purchase Orders X X X X X X X X X X X X X

17 Authorize Inventory or Expenditure Purchases X X X X X X

18 Verify and Process Receipt of Inventory X X X X X X X X X X X X

23 Initiate Checks for Inventory Purchases X X X X X X X X X X X X

24 Ship Inventory X X X X X X X X X X X X X X

25 Record Inventory Transactions X X X X X X X X X X X X

26 Inventory count Responsibility X X X X X X X X X X X X

27 Investigate Inventory Count Discrepancies X X X X X X X X X X

28 Investigate Discrepancies or Issues - Inventory X X X X X X X X X X X X X X X X

29 X X X X X X X X X X X X X X

30 Maintain inventory records X X X X X X X X X X X X X X X X X X

31 Edit Inventory Master File X X X X X X X X X X X X X X X X X X

32 Access and/or Custody to Inventory X X X X X X X X X X X X X X X X

Reco

nci

le F

ixed A

ssets

Sub L

edger

to

Genera

l Le

dger

Acc

ess

and/o

r C

ust

ody t

o F

ixed

Ass

ets

Auth

ori

ze Invento

ry o

r Expendit

ure

Purc

hase

s

Veri

fy a

nd P

roce

ss R

ece

ipt

of

Invento

ryIn

itia

te C

heck

s fo

r In

vento

ry

Purc

hase

s

Invest

igate

Invento

ry C

ount

Dis

crepanci

es

Appro

ve C

hanges

to Invento

ry

Cost

/Quanti

ty (

incl

udin

g d

isposa

l)

Reconcile Fixed Assets Sub Ledger to General

Investigate Discrepancies or Issues - Fixed

Approve Changes to Inventory Cost/Quantity (incl. disposal)


SOD Framework


Init

iate

Ch

eck

s fo

r Exp

en

dit

ure

s

Pre

pare

Check

Revie

w,

Au

thori

ze o

r Sig

n C

heck

s

Mail

Check

Invest

igate

Dis

crepanci

es

or

Issu

es

Ed

it V

en

dor

Mast

er

File

Init

iate

Pu

rchase

of

Fixed A

ssets

Auth

ori

ze P

urc

hase

s of

Fixed A

ssets

Reco

rd F

ixed

Ass

et

Tra

nsa

ctio

ns

Init

iate

Dis

posa

l of

Fixed

Ass

ets

Invest

igate

Dis

crepanci

es

or

Issu

es

Ed

it F

ixed A

sset

Mast

er

File

Init

iate

Pu

rchase

of

Inven

tory

Inp

ut

Purc

hase

Ord

ers

Sh

ip Invento

ry

Reco

rd In

vento

ry T

ransa

ctio

ns

Invento

ry c

oun

t R

esp

on

sibili

ty

Invest

igate

Dis

crepanci

es

or

Issu

es

Main

tain

inven

tory

reco

rds

Ed

it Inven

tory

Mast

er

File

Acc

ess

an

d/o

r C

ust

ody t

o Inven

tory

Reco

nci

le F

ixed A

ssets

Sub L

edger

to

Genera

l Le

dger

Acc

ess

and/o

r C

ust

ody t

o F

ixed

Ass

ets

Auth

ori

ze Invento

ry o

r Expendit

ure

Purc

hase

s

Veri

fy a

nd P

roce

ss R

ece

ipt

of

Invento

ryIn

itia

te C

heck

s fo

r In

vento

ry

Purc

hase

s

Invest

igate

Invento

ry C

ount

Dis

crepanci

es

Appro

ve C

hanges

to Invento

ry

Cost

/Quanti

ty (

incl

udin

g d

isposa

l)

Payro

ll

33 Initiate Payroll Check X

34 Prepare Payroll Checks35 Sign Payroll Checks

36

37 Disburse Payroll Checks38 Resolving Employee Payroll Inquiries39 Determine Salary and Wage Rates40 Approve Changes to Salary and Wage Rates41 Edit Payroll Master File X

Reven

ue

42 Process sales orders X X X X X X X X

43 Approve Terms of Sale X X X

44 Record Sales Orders X X X

45 Invoice Customers X X X

46 Collect Accounts Receivable X X X

47 Post Cash Receipts to A/R Subledger X X X

48 Process Customer Service Calls & Complaints X X X

49 Independently Investigate A/R Discrepancies X X X X X X X X X X X X X

50 Investigate Discrepancies or Issues - Revenue X X X X X X X X X

51 X X X

52 Edit A/R Master File X X X X

Tre

asu

ry

53 Initiate Invest / Borrow / Derivative Transactions5455 Record Invest / Borrow / Derivative Transactions56 Reconcile Invest / Borrow / Derivative Accounts

57

58 Investigate Discrepancies or Issues - Treasury X X X X X X X X X X X X

59 Edit Invest / Borrow / Derivative Master Files

Review and Authorize Electronic Payroll Disbursements

Maintain/Authorize Accounts Receivable

Approve Invest / Borrow / Derivative

Review / Analyze Invest / Borrow / Derivative Accounts


SOD Framework


Init

iate

Ch

eck

s fo

r Exp

en

dit

ure

s

Pre

pare

Check

Revie

w,

Au

thori

ze o

r Sig

n C

heck

s

Mail

Check

Invest

igate

Dis

crepanci

es

or

Issu

es

Ed

it V

en

dor

Mast

er

File

Init

iate

Pu

rchase

of

Fixed A

ssets

Auth

ori

ze P

urc

hase

s of

Fixed A

ssets

Reco

rd F

ixed

Ass

et

Tra

nsa

ctio

ns

Init

iate

Dis

posa

l of

Fixed

Ass

ets

Invest

igate

Dis

crepanci

es

or

Issu

es

Ed

it F

ixed A

sset

Mast

er

File

Init

iate

Pu

rchase

of

Inven

tory

Inp

ut

Purc

hase

Ord

ers

Sh

ip Invento

ry

Reco

rd In

vento

ry T

ransa

ctio

ns

Invento

ry c

oun

t R

esp

on

sibili

ty

Invest

igate

Dis

crepanci

es

or

Issu

es

Main

tain

inven

tory

reco

rds

Ed

it Inven

tory

Mast

er

File

Acc

ess

an

d/o

r C

ust

ody t

o Inven

tory

Reco

nci

le F

ixed A

ssets

Sub L

edger

to

Genera

l Le

dger

Acc

ess

and/o

r C

ust

ody t

o F

ixed

Ass

ets

Auth

ori

ze Invento

ry o

r Expendit

ure

Purc

hase

s

Veri

fy a

nd P

roce

ss R

ece

ipt

of

Invento

ryIn

itia

te C

heck

s fo

r In

vento

ry

Purc

hase

s

Invest

igate

Invento

ry C

ount

Dis

crepanci

es

Appro

ve C

hanges

to Invento

ry

Cost

/Quanti

ty (

incl

udin

g d

isposa

l)

Cash

Mg

mt 60 Open Mail, Copy Checks Received X X X

61 Prepare Deposits62 Deposit Cash Receipts63 Reconcile Cash Accounts X X

64 Investigate Discrepancies or Issues - Cash X X X X X X X X X X X X

65 Access to Cash

Fin

an

cia

l A

ccou

nti

ng

6667 Initiate Non-Routine Transactions

68

69 Record Non-Routine Transactions70 Initiate Journal Entries71 Approve Journal Entries72 Post Journal Entries to General Ledger X X X X X X X X X

73 Prepare Consolidation74 Review and Approve Consolidation75 Generate Internal Drafts of Financial Statements76 Review and Approve Financial Statements77 Monitor Suspense or Clearing Accounts Usage X X X X X X X X

78 Maintain Chart of Accounts X X X X X X X X X X X X X X X X X X

IT

79 Initiate Request to Alter Transactional Data X X X X X

80 Edit Transactional Data X X X X X X X

81 Approve Editing of Transactional Data X X X X X X X X

Define the Financial Closing and Reporting

Review, Evaluate and Approve Non-Routine Transactions


SOD Framework

Exp

en

dit

ure

1 Initiate Checks for Expenditures2 Prepare Check3 Review, Authorize or Sign Checks4 Mail Check5 Investigate Discrepancies or Issues6 Edit Vendor Master File

Fix

ed

Assets

7 Initiate Purchase of Fixed Assets8 Authorize Purchases of Fixed Assets9 Record Fixed Asset Transactions

10 Initiate Disposal of Fixed Assets1112 Access and/or Custody to Fixed Assets1314 Edit Fixed Asset Master File

Inven

tory

15 Initiate Purchase of Inventory16 Input Purchase Orders17 Authorize Inventory or Expenditure Purchases18 Verify and Process Receipt of Inventory23 Initiate Checks for Inventory Purchases24 Ship Inventory25 Record Inventory Transactions26 Inventory count Responsibility27 Investigate Inventory Count Discrepancies28 Investigate Discrepancies or Issues - Inventory

29

30 Maintain inventory records31 Edit Inventory Master File32 Access and/or Custody to Inventory




Payroll Revenue Treasury33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59

Init

iate

Payro

ll C

heck

Pre

pare

Payro

ll C

heck

s

Sig

n P

ayro

ll C

heck

s

Dis

bu

rse P

ayro

ll C

heck

s

Reso

lvin

g E

mplo

yee P

ayro

ll In

quir

ies

Dete

rmin

e S

ala

ry a

nd W

ag

e R

ate

s

Ed

it P

ayro

ll M

ast

er

File

Pro

cess

sale

s ord

ers

App

rove T

erm

s of

Sale

Reco

rd S

ale

s O

rders

Invoic

e C

ust

om

ers

Colle

ct A

ccoun

ts R

ece

ivab

le

Post

Cash

Rece

ipts

to A

/R S

ub

led

ger

Invest

igate

Dis

crepanci

es

or

Issu

es

Ed

it A

/R M

ast

er

File

Invest

igate

Dis

crepanci

es

or

Issu

es

X

X X

X X X

X X

X

X X X

X X X

X

X X X

X X X

X

X X X X X X X X X X X X

X X

X X X X


X X X X


Revie

w a

nd A

uth

ori

ze E

lect

ronic

Payro

ll D

isburs

em

ents

Appro

ve C

hanges

to S

ala

ry a

nd

Wage R

ate

s

Pro

cess

Cust

om

er

Serv

ice C

alls

&

Com

pla

ints

Independentl

y Invest

igate

A/R

D

iscr

epanci

es

Main

tain

/Auth

ori

ze A

ccounts

R

ece

ivable

Adju

stm

ents

Init

iate

Invest

/Borr

ow

/Deri

vati

ve

Tra

nsa

ctio

ns

Appro

ve Invest

/Borr

ow

/Deri

vati

ve

Tra

nsa

ctio

ns

Reco

rd Invest

/Borr

ow

/Deri

vati

ve

Tra

nsa

ctio

ns

Reco

nci

le Invest

/Borr

ow

/Deri

vati

ve

Acc

ounts

Revie

w/A

naly

ze

Invest

/Borr

ow

/Deri

vati

ve A

ccounts

Edit

Invest

/Borr

ow

/Deri

vati

ve M

ast

er

File

s


SOD Framework

Payro

ll

33 Initiate Payroll Check34 Prepare Payroll Checks35 Sign Payroll Checks

36

37 Disburse Payroll Checks38 Resolving Employee Payroll Inquiries39 Determine Salary and Wage Rates40 Approve Changes to Salary and Wage Rates41 Edit Payroll Master File

Reven

ue

42 Process sales orders43 Approve Terms of Sale44 Record Sales Orders45 Invoice Customers46 Collect Accounts Receivable47 Post Cash Receipts to A/R Subledger48 Process Customer Service Calls & Complaints49 Independently Investigate A/R Discrepancies50 Investigate Discrepancies or Issues - Revenue5152 Edit A/R Master File

Tre

asu

ry


57

58 Investigate Discrepancies or Issues - Treasury59 Edit Invest / Borrow / Derivative Master Files






Init

iate

Payro

ll C

heck

Pre

pare

Payro

ll C

heck

s

Sig

n P

ayro

ll C

heck

s

Dis

bu

rse P

ayro

ll C

heck

s

Reso

lvin

g E

mplo

yee P

ayro

ll In

quir

ies

Dete

rmin

e S

ala

ry a

nd W

ag

e R

ate

s

Ed

it P

ayro

ll M

ast

er

File

Pro

cess

sale

s ord

ers

App

rove T

erm

s of

Sale

Reco

rd S

ale

s O

rders

Invoic

e C

ust

om

ers

Colle

ct A

ccoun

ts R

ece

ivab

le

Post

Cash

Rece

ipts

to A

/R S

ub

led

ger

Invest

igate

Dis

crepanci

es

or

Issu

es

Ed

it A

/R M

ast

er

File

Invest

igate

Dis

crepanci

es

or

Issu

es

Revie

w a

nd A

uth

ori

ze E

lect

ronic

Payro

ll D

isburs

em

ents

Appro

ve C

hanges

to S

ala

ry a

nd

Wage R

ate

s

Pro

cess

Cust

om

er

Serv

ice C

alls

&

Com

pla

ints

Independentl

y Invest

igate

A/R

D

iscr

epanci

es

Main

tain

/Auth

ori

ze A

ccounts

R

ece

ivable

Adju

stm

ents

Init

iate

Invest

/Borr

ow

/Deri

vati

ve

Tra

nsa

ctio

ns

Appro

ve Invest

/Borr

ow

/Deri

vati

ve

Tra

nsa

ctio

ns

Reco

rd Invest

/Borr

ow

/Deri

vati

ve

Tra

nsa

ctio

ns

Reco

nci

le Invest

/Borr

ow

/Deri

vati

ve

Acc

ounts

Revie

w/A

naly

ze

Invest

/Borr

ow

/Deri

vati

ve A

ccounts

Edit

Invest

/Borr

ow

/Deri

vati

ve M

ast

er

File

s

X X X X X X

X X X X X X

X X X X X

X X X X

X X X X X X

X X X X X

X

X

X X X X X X X

X X X X X X X X X

X X X X X X X X X

X X X X X X X X X

X X X X X X X X X

X X X X X X X X X

X X X X X X X X

X X X X X X X X X

X X X X X X X

X X X X X X X X X

X X X X X X X X X

X X X

X X X X X

X X X X X

X X X X X

X X X X

X X X X X X


SOD Framework

Cash

Mg

mt 60 Open Mail, Copy Checks Received

61 Prepare Deposits62 Deposit Cash Receipts63 Reconcile Cash Accounts64 Investigate Discrepancies or Issues - Cash65 Access to Cash

Fin

an

cia

l A

ccou

nti

ng


68

69 Record Non-Routine Transactions70 Initiate Journal Entries71 Approve Journal Entries72 Post Journal Entries to General Ledger73 Prepare Consolidation74 Review and Approve Consolidation75 Generate Internal Drafts of Financial Statements76 Review and Approve Financial Statements77 Monitor Suspense or Clearing Accounts Usage78 Maintain Chart of Accounts

IT

79 Initiate Request to Alter Transactional Data80 Edit Transactional Data81 Approve Editing of Transactional Data




Init

iate

Payro

ll C

heck

Pre

pare

Payro

ll C

heck

s

Sig

n P

ayro

ll C

heck

s

Dis

bu

rse P

ayro

ll C

heck

s

Reso

lvin

g E

mplo

yee P

ayro

ll In

quir

ies

Dete

rmin

e S

ala

ry a

nd W

ag

e R

ate

s

Ed

it P

ayro

ll M

ast

er

File

Pro

cess

sale

s ord

ers

App

rove T

erm

s of

Sale

Reco

rd S

ale

s O

rders

Invoic

e C

ust

om

ers

Colle

ct A

ccoun

ts R

ece

ivab

le

Post

Cash

Rece

ipts

to A

/R S

ub

led

ger

Invest

igate

Dis

crepanci

es

or

Issu

es

Ed

it A

/R M

ast

er

File

Invest

igate

Dis

crepanci

es

or

Issu

es

Revie

w a

nd A

uth

ori

ze E

lect

ronic

Payro

ll D

isburs

em

ents

Appro

ve C

hanges

to S

ala

ry a

nd

Wage R

ate

s

Pro

cess

Cust

om

er

Serv

ice C

alls

&

Com

pla

ints

Independentl

y Invest

igate

A/R

D

iscr

epanci

es

Main

tain

/Auth

ori

ze A

ccounts

R

ece

ivable

Adju

stm

ents

Init

iate

Invest

/Borr

ow

/Deri

vati

ve

Tra

nsa

ctio

ns

Appro

ve Invest

/Borr

ow

/Deri

vati

ve

Tra

nsa

ctio

ns

Reco

rd Invest

/Borr

ow

/Deri

vati

ve

Tra

nsa

ctio

ns

Reco

nci

le Invest

/Borr

ow

/Deri

vati

ve

Acc

ounts

Revie

w/A

naly

ze

Invest

/Borr

ow

/Deri

vati

ve A

ccounts

Edit

Invest

/Borr

ow

/Deri

vati

ve M

ast

er

File

s

X X X X X X

X

X

X X X

X X

X X

X X

X X X

X X X X X X

X X X X

X X X

X X X X X X

X X X X X X


SOD Framework

Exp

en

dit

ure

1 Initiate Checks for Expenditures2 Prepare Check3 Review, Authorize or Sign Checks4 Mail Check5 Investigate Discrepancies or Issues6 Edit Vendor Master File

Fix

ed

Assets

7 Initiate Purchase of Fixed Assets8 Authorize Purchases of Fixed Assets9 Record Fixed Asset Transactions

10 Initiate Disposal of Fixed Assets1112 Access and/or Custody to Fixed Assets1314 Edit Fixed Asset Master File

Inven

tory

15 Initiate Purchase of Inventory16 Input Purchase Orders17 Authorize Inventory or Expenditure Purchases18 Verify and Process Receipt of Inventory23 Initiate Checks for Inventory Purchases24 Ship Inventory25 Record Inventory Transactions26 Inventory count Responsibility27 Investigate Inventory Count Discrepancies28 Investigate Discrepancies or Issues - Inventory

29

30 Maintain inventory records31 Edit Inventory Master File32 Access and/or Custody to Inventory




Cash Mgmt Financial Accounting IT60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81

Op

en

Mail,

Copy C

heck

s R

ece

ived

Pre

pare

Deposi

ts

Deposi

t C

ash

Rece

ipts

Reco

nci

le C

ash

Acc

ounts

Invest

igate

Dis

crepanci

es

or

Issu

es

Acc

ess

to C

ash

Init

iate

Non-R

outi

ne T

ransa

ctio

ns

Reco

rd N

on-R

outi

ne T

ran

sact

ion

s

Init

iate

Journ

al En

trie

s

App

rove Journ

al En

trie

s

Pre

pare

Con

solid

ati

on

Revie

w a

nd A

pp

rove C

onso

lidati

on

Main

tain

Chart

of

Acc

oun

ts

Ed

it T

ransa

ctio

nal D

ata

X

X X

X X X

X X X X X

X X X X X

X X

X X

X X

X X X

X X X X X

X X X X X

X X

X

X

X X

X

X X X

X

X X

X

X X X X X

X X X X X X

X X X X X

X X X X X

X X X

Define t

he F

inanci

al C

losi

ng a

nd

Report

ing P

roce

ss

Revie

w,

Evalu

ate

and A

ppro

ve N

on-

Routi

ne T

ransa

ctio

ns

Post

Journ

al Entr

ies

to G

enera

l Le

dger

Genera

te Inte

rnal D

raft

s of

Financi

al

Sta

tem

ents

Revie

w a

nd A

ppro

ve F

inanci

al

Sta

tem

ents

Monit

or

Susp

ense

or

Cle

ari

ng

Acc

ounts

Usa

ge

Init

iate

Request

to A

lter

Tra

nsa

ctio

nal D

ata

Appro

ve E

dit

ing o

f Tra

nsa

ctio

nal

Data


SOD Framework

Payro

ll

33 Initiate Payroll Check34 Prepare Payroll Checks35 Sign Payroll Checks

36

37 Disburse Payroll Checks38 Resolving Employee Payroll Inquiries39 Determine Salary and Wage Rates40 Approve Changes to Salary and Wage Rates41 Edit Payroll Master File

Reven

ue

42 Process sales orders43 Approve Terms of Sale44 Record Sales Orders45 Invoice Customers46 Collect Accounts Receivable47 Post Cash Receipts to A/R Subledger48 Process Customer Service Calls & Complaints49 Independently Investigate A/R Discrepancies50 Investigate Discrepancies or Issues - Revenue5152 Edit A/R Master File

Tre

asu

ry


57

58 Investigate Discrepancies or Issues - Treasury59 Edit Invest / Borrow / Derivative Master Files






Op

en

Mail,

Copy C

heck

s R

ece

ived

Pre

pare

Deposi

ts

Deposi

t C

ash

Rece

ipts

Reco

nci

le C

ash

Acc

ounts

Invest

igate

Dis

crepanci

es

or

Issu

es

Acc

ess

to C

ash

Init

iate

Non-R

outi

ne T

ransa

ctio

ns

Reco

rd N

on-R

outi

ne T

ran

sact

ion

s

Init

iate

Journ

al En

trie

s

App

rove Journ

al En

trie

s

Pre

pare

Con

solid

ati

on

Revie

w a

nd A

pp

rove C

onso

lidati

on

Main

tain

Chart

of

Acc

oun

ts

Ed

it T

ransa

ctio

nal D

ata

Define t

he F

inanci

al C

losi

ng a

nd

Report

ing P

roce

ss

Revie

w,

Evalu

ate

and A

ppro

ve N

on-

Routi

ne T

ransa

ctio

ns

Post

Journ

al Entr

ies

to G

enera

l Le

dger

Genera

te Inte

rnal D

raft

s of

Financi

al

Sta

tem

ents

Revie

w a

nd A

ppro

ve F

inanci

al

Sta

tem

ents

Monit

or

Susp

ense

or

Cle

ari

ng

Acc

ounts

Usa

ge

Init

iate

Request

to A

lter

Tra

nsa

ctio

nal D

ata

Appro

ve E

dit

ing o

f Tra

nsa

ctio

nal

Data

X

X X

X X

X X X X

X

X

X X X X X

X

X X X X

X X

X X X X X

X X

X X X X X

X X X X X

X X X X


SOD Framework

Cash

Mg

mt 60 Open Mail, Copy Checks Received

61 Prepare Deposits62 Deposit Cash Receipts63 Reconcile Cash Accounts64 Investigate Discrepancies or Issues - Cash65 Access to Cash

Fin

an

cia

l A

ccou

nti

ng


68

69 Record Non-Routine Transactions70 Initiate Journal Entries71 Approve Journal Entries72 Post Journal Entries to General Ledger73 Prepare Consolidation74 Review and Approve Consolidation75 Generate Internal Drafts of Financial Statements76 Review and Approve Financial Statements77 Monitor Suspense or Clearing Accounts Usage78 Maintain Chart of Accounts

IT

79 Initiate Request to Alter Transactional Data80 Edit Transactional Data81 Approve Editing of Transactional Data




Op

en

Mail,

Copy C

heck

s R

ece

ived

Pre

pare

Deposi

ts

Deposi

t C

ash

Rece

ipts

Reco

nci

le C

ash

Acc

ounts

Invest

igate

Dis

crepanci

es

or

Issu

es

Acc

ess

to C

ash

Init

iate

Non-R

outi

ne T

ransa

ctio

ns

Reco

rd N

on-R

outi

ne T

ran

sact

ion

s

Init

iate

Journ

al En

trie

s

App

rove Journ

al En

trie

s

Pre

pare

Con

solid

ati

on

Revie

w a

nd A

pp

rove C

onso

lidati

on

Main

tain

Chart

of

Acc

oun

ts

Ed

it T

ransa

ctio

nal D

ata

Define t

he F

inanci

al C

losi

ng a

nd

Report

ing P

roce

ss

Revie

w,

Evalu

ate

and A

ppro

ve N

on-

Routi

ne T

ransa

ctio

ns

Post

Journ

al Entr

ies

to G

enera

l Le

dger

Genera

te Inte

rnal D

raft

s of

Financi

al

Sta

tem

ents

Revie

w a

nd A

ppro

ve F

inanci

al

Sta

tem

ents

Monit

or

Susp

ense

or

Cle

ari

ng

Acc

ounts

Usa

ge

Init

iate

Request

to A

lter

Tra

nsa

ctio

nal D

ata

Appro

ve E

dit

ing o

f Tra

nsa

ctio

nal

Data

X X X X X

X X X X

X X X X X

X X X X X

X X X X X X X X X

X X

X

X X X

X X

X X X

X X

X X

X X X X X X

X

X

X

X

X X X X X

X X X X X

X X X

X X X X

X X X X


Risk Description

1-3.

1-4.

1-5.

2-3.

2-4.

2-5.

2-60.

3-4.

3-5.

3-6.

3-60.

3-63.

4-5.

4-7.

4-15.

4-23.

4-33.

4-60.

4-63.

4-72.

5-6.

5-7.

5-8.

5-10.

5-12.

5-14.

5-15.

5-24.

5-29.

5-30.

5-31.

5-32.

5-41.

5-49.

Description of all the potential conflicts(these are mapped graphically in the [SOD Framework Table] Tab of this worksheet)

Risk Reference

Review, Authorize or Sign Checks conflicts with Initiate Checks for Expenditures. Checks should be signed by someone who did not initiate or prepare the check, in order to minimize the potential for concealment of fraud.

Mail Check conflicts with Initiate Checks for Expenditures. Signed checks should be delivered to someone independent of both the preparer and the initiator of the check for prompt mailing, in order to minimize the potential for concealment of fraud.

Investigate Discrepancies or Issues - Expenditure conflicts with Initiate Checks for Expenditure. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Review, Authorize or Sign Checks conflicts with Prepare Check. Checks should be signed by someone who did not initiate or prepare the check, in order to minimize the potential for concealment of fraud.

Mail Check conflicts with Prepare Check. Signed checks should be delivered to someone independent of both the preparer and the initiator of the check for prompt mailing, in order to minimize the potential for concealment of fraud.

Investigate Discrepancies or Issues - Expenditure conflicts with Prepare Check. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Open Mail, Copy Checks Received conflicts with Prepare Check. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Review, Authorize or Sign Checks conflicts with Mail Check. Signed checks should be delivered to someone independent of both the preparer and the initiator of the check for prompt mailing, in order to minimize the potential for concealment of fraud.

Investigate Discrepancies or Issues - Expenditure conflicts with Review, Authorize or Sign Checks. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Review, Authorize or Sign Checks conflicts with Edit Vendor Master File. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Open Mail, Copy Checks Received conflicts with Review, Authorize or Sign Checks. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Reconcile Cash Accounts conflicts with Review, Authorize or Sign Checks. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Investigate Discrepancies or Issues - Expenditure conflicts with Mail Check. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Mail Check conflicts with Initiate Purchase of Fixed Assets. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Mail Check conflicts with Initiate Purchase of Inventory. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Mail Check conflicts with Initiate Checks for Inventory Purchases. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Mail Check conflicts with Initiate Payroll Check. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Open Mail, Copy Checks Received conflicts with Mail Check. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Reconcile Cash Accounts conflicts with Mail Check. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Mail Check conflicts with Post Journal Entries to General Ledger. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Investigate Discrepancies or Issues - Expenditure conflicts with Edit Vendor Master File. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Investigate Discrepancies or Issues - Expenditure conflicts with Initiate Purchase of Fixed Assets. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Investigate Discrepancies or Issues - Expenditure conflicts with Authorize Purchases of Fixed Assets. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Investigate Discrepancies or Issues - Expenditure conflicts with Initiate Disposal of Fixed Assets. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Access and/or Custody to Fixed Assets conflicts with Investigate Discrepancies or Issues - Expenditure. One person should not have responsibility for Custody of assets and Following up of discrepancies or issues.

Investigate Discrepancies or Issues - Expenditure conflicts with Edit Fixed Asset Master File. One person should not have responsibility for Following up of discrepancies or issues and Access to Master files, in order to minimize the potential concealment of fraud.

Investigate Discrepancies or Issues - Expenditure conflicts with Initiate Purchase of Inventory. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Ship Inventory conflicts with Investigate Discrepancies or Issues - Expenditure. One person should not have responsibility for Custody of assets and Following up of discrepancies or issues, in order to minimize the potential concealment of fraud.

Investigate Discrepancies or Issues - Expenditure conflicts with Approve Changes to Inventory Cost/Quantity (including disposal). If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Investigate Discrepancies or Issues - Expenditure conflicts with Maintain Inventory Records. One person should not have responsibility for Following up of discrepancies or issues and Access to Master files, in order to minimize the potential concealment of fraud.

Investigate Discrepancies or Issues - Expenditure conflicts with Edit Inventory Master File. One person should not have responsibility for Following up of discrepancies or issues and Access to Master files, in order to minimize the potential concealment of fraud.

Access and/or Custody to Inventory conflicts with Investigate Discrepancies or Issues - Expenditure. One person should not have responsibility for Custody of assets and Following up of discrepancies or issues, in order to minimize the potential concealment of fraud.

Investigate Discrepancies or Issues - Expenditure conflicts with Edit Payroll Master File. One person should not have responsibility for Following up of discrepancies or issues and Access to Master files, in order to minimize the potential concealment of fraud.

Investigate Discrepancies or Issues - Expenditure conflicts with Independently Investigate A/R Discrepancies. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.


Risk DescriptionRisk Reference

5-72.

5-77.

5-78.

5-80.

5-81.

6-7.

6-8.

6-9.

6-10.

6-11.

6-12.

6-13.

6-15.

6-24.

6-28.

6-49.

6-50.

6-58.

6-64.

6-77.

6-79.

6-80.

6-81.

7-8.

7-9.

7-10.

7-11.

7-12.

7-13.

7-14.

7-28.

7-32.

7-49.

7-58.

7-64.

Investigate Discrepancies or Issues - Expenditure conflicts with Post Journal Entries to General Ledger. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Investigate Discrepancies or Issues - Expenditure conflicts with Monitor Suspense or Clearing Accounts Usage. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Investigate Discrepancies or Issues - Expenditure conflicts with Maintain Chart of Accounts. One person should not have responsibility for following up of discrepancies or issues and Access to Master files, in order to minimize the potential concealment of fraud.

Investigate Discrepancies or Issues - Expenditure conflicts with Edit Transactional Data. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Investigate Discrepancies or Issues - Expenditure conflicts with Approve Editing of Transactional Data. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Initiate Purchase of Fixed Assets conflicts with Edit Vendor Master File. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Authorize Purchases of Fixed Assets conflicts with Edit Vendor Master File. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Record Fixed Asset Transactions conflicts with Edit Vendor Master File. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Initiate Disposal of Fixed Assets conflicts with Edit Vendor Master File. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Reconcile Fixed Assets Subsidiary Ledger to General Ledger conflicts with Edit Vendor Master File. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Access and/or Custody to Fixed Assets conflicts with Edit Vendor Master File. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Investigate Discrepancies or Issues - Fixed Assets conflicts with Edit Vendor Master File. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Initiate Purchase of Inventory conflicts with Edit Vendor Master File. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Ship Inventory conflicts with Edit Vendor Master File. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Investigate Discrepancies or Issues - Inventory conflicts with Edit Vendor Master File. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Independently Investigate A/R Discrepancies conflicts with Edit Vendor Master File. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Investigate Discrepancies or Issues - Revenue conflicts with Edit Vendor Master File. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Investigate Discrepancies or Issues - Treasury conflicts with Edit Vendor Master File. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Investigate Discrepancies or Issues - Cash conflicts with Edit Vendor Master File. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Monitor Suspense or Clearing Accounts Usage conflicts with Edit Vendor Master File. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Initiate Request to Alter Transactional Data conflicts with Edit Vendor Master File. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Edit Transactional Data conflicts with Edit Vendor Master File. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Approve Editing of Transactional Data conflicts with Edit Vendor Master File. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Initiate Purchase of Fixed Assets conflicts with Authorize Purchases of Fixed Assets. One person should not have responsibility over both the access to assets and the responsibility for maintaining the accountability for such assets.

Initiate Purchase of Fixed Assets conflicts with Record Fixed Asset Transactions. One person should not have responsibility over both the access to assets and the responsibility for maintaining the accountability for such assets.

Initiate Purchase of Fixed Assets conflicts with Initiate Disposal of Fixed Assets. One person should not have responsibility over both the access to assets and the responsibility for maintaining the accountability for such assets.

Initiate Purchase of Fixed Assets conflicts with Reconcile Fixed Assets Subsidiary Ledger to General Ledger. One person should not have responsibility over both the access to assets and the responsibility for maintaining the accountability for such asset.

Initiate Purchase of Fixed Assets conflicts with Access and/or Custody to Fixed Assets. One person should not have responsibility over both the access to assets and the responsibility for maintaining the accountability for such assets.

Investigate Discrepancies or Issues - Fixed Assets conflicts with Initiate Purchase of Fixed Assets. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Initiate Purchase of Fixed Assets conflicts with Edit Fixed Asset Master File. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Investigate Discrepancies or Issues - Inventory conflicts with Initiate Purchase of Fixed Assets. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Access and/or Custody to Inventory conflicts with Initiate Purchase of Inventory. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Independently Investigate A/R Discrepancies conflicts with Initiate Purchase of Fixed Assets. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Investigate Discrepancies or Issues - Treasury conflicts with Initiate Purchase of Fixed Assets. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Investigate Discrepancies or Issues - Cash conflicts with Initiate Purchase of Fixed Assets. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.



7-78.

8-9.

8-10.

8-11.

8-12.

8-13.

8-14.

8-30.

8-31.

8-32.

8-58.

8-64.

8-78.

9-10.

9-11.

9-12.

9-13.

9-14.

10-11.

10-12.

10-13.

10-14.

10-28.

10-30.

10-31.

10-32.

10-49.

10-50.

10-58.

10-64.

10-78.

11-12.

11-13.

11-14.

12-13.

Initiate Purchase of Fixed Assets conflicts with Maintain Chart of Accounts. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Authorize Purchases of Fixed Assets conflicts with Record Fixed Asset Transactions. One person should not have responsibility over both the access to assets and the responsibility for maintaining the accountability for such assets.

Initiate Disposal of Fixed Assets conflicts with Authorize Purchases of Fixed Assets. One person should not have responsibility over both the access to assets and the responsibility for maintaining the accountability for such assets.

Authorize Purchases of Fixed Assets conflicts with Reconcile Fixed Assets Subsidiary Ledger to General Ledger. One person should not have responsibility over both the access to assets and the responsibility for maintaining the accountability for such assets.

Authorize Purchases of Fixed Assets conflicts with Access and/or Custody to Fixed Assets. One person should not have responsibility over both the access to assets and the responsibility for maintaining the accountability for such assets.

Investigate Discrepancies or Issues - Fixed Assets conflicts with Authorize Purchase of Fixed Assets. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Authorize Purchases of Fixed Assets conflicts with Edit Fixed Asset Master File. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Authorize Purchases of Fixed Assets conflicts with Access to the Maintain Inventory Records. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Authorize Purchases of Fixed Assets conflicts with Edit Inventory Master File. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Access and/or Custody to Inventory conflicts with Authorize Purchases of Fixed Assets. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Investigate Discrepancies or Issues - Treasury conflicts with Authorize Purchase of Fixed Assets. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Investigate Discrepancies or Issues - Cash conflicts with Authorize Purchases of Fixed Assets. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Authorize Purchases of Fixed Assets conflicts with Maintain Chart of Accounts. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Initiate Disposal of Fixed Assets conflicts with Record Fixed Asset Transactions. One person should not have responsibility over both the access to assets and the responsibility for maintaining the accountability for such assets.

Record Fixed Asset Transactions conflicts with Reconcile Fixed Assets Subsidiary Ledger to General Ledger. One person should not have responsibility over both the access to assets and the responsibility for maintaining the accountability for such assets.

Record Fixed Asset Transactions conflicts with Access and/or Custody to Fixed Assets. One person should not have responsibility over both the access to assets and the responsibility for maintaining the accountability for such assets.

Investigate Discrepancies or Issues - Fixed Assets conflicts with Record Fixed Asset Transactions. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Record Fixed Asset Transactions conflicts with Edit Fixed Asset Master File. One person should not have responsibility over both the access to assets and the responsibility for maintaining the accountability for such assets.

Initiate Disposal of Fixed Assets conflicts with Reconcile Fixed Assets Subsidiary Ledger to General Ledger. One person should not have responsibility over both the access to assets and the responsibility for maintaining the accountability for such assets.

Initiate Disposal of Fixed Assets conflicts with Access and/or Custody to Fixed Assets. One person should not have responsibility over both the access to assets and the responsibility for maintaining the accountability for such assets.

Investigate Discrepancies or Issues - Fixed Assets conflicts with Initiate Disposal of Fixed Assets. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Initiate Disposal of Fixed Assets conflicts with Edit Fixed Asset Master File. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Investigate Discrepancies or Issues - Inventory conflicts with Initiate Disposal of Fixed Assets. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Initiate Disposal of Fixed Assets conflicts with Maintain Inventory Records. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Initiate Disposal of Fixed Assets conflicts with Edit Inventory Master File. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Access and/or Custody to Inventory conflicts with Initiate Disposal of Fixed Assets. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Independently Investigate A/R Discrepancies conflicts with Initiate Disposal of Fixed Assets. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Investigate Discrepancies or Issues - Revenue conflicts with Initiate Disposal of Fixed Assets. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Investigate Discrepancies or Issues - Treasury conflicts with Initiate Disposal of Fixed Assets. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Investigate Discrepancies or Issues - Cash conflicts with Initiate Disposal of Fixed Assets. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Initiate Disposal of Fixed Assets conflicts with Maintain Chart of Accounts. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Access and/or Custody to Fixed Assets conflicts with Reconcile Fixed Assets Subsidiary Ledger to General Ledger. One person should not have responsibility over both the access to assets and the responsibility for maintaining the accountability for such assets.

Investigate Discrepancies or Issues - Fixed Assets conflicts with Reconcile Fixed Assets Subsidiary Ledger to General Ledger . If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Reconcile Fixed Assets Subsidiary Ledger to General Ledger conflicts with Edit Fixed Asset Master File. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Access and/or Custody to Fixed Assets conflicts with Investigate Discrepancies or Issues - Fixed Assets. One person should not have responsibility for Custody of assets and Following up of discrepancies or issues.



12-14.

12-28.

12-30.

12-31.

12-49.

12-50.

12-58.

12-64.

12-72.

12-78.

13-14.

13-15.

13-24.

13-29.

13-30.

13-31.

13-32.

13-49.

13-72.

13-77.

13-78.

13-80.

13-81.

14-15.

14-28.

14-49.

14-50.

14-58.

14-64.

14-77.

14-79.

14-80.

14-81.

15-16.

15-17.

Access and/or Custody to Fixed Assets conflicts with Edit Fixed Asset Master File. One person should not have responsibility for Custody of Assets and Access to Master files, in order to minimize the potential concealment of fraud.

Access and/or Custody to Fixed Assets conflicts with Investigate Discrepancies or Issues - Inventory. One person should not have responsibility for Custody of assets and Following up of discrepancies or issues.

Access and/or Custody to Fixed Assets conflicts with Inventory Maintain Inventory Records. One person should not have responsibility for Custody of Assets and Access to Master files, in order to minimize the potential concealment of fraud.

Access and/or Custody to Fixed Assets conflicts with Edit Inventory Master File. One person should not have responsibility for Custody of Assets and Access to Master files, in order to minimize the potential concealment of fraud.

Access and/or Custody to Fixed Assets conflicts with Independently Investigate A/R Discrepancies. One person should not have responsibility for Custody of assets and Following up of discrepancies or issues.

Access and/or Custody to Fixed Assets conflicts with Investigate Discrepancies or Issues - Revenue. One person should not have responsibility for Custody of assets and Following up of discrepancies or issues.

Access and/or Custody to Fixed Assets conflicts with Investigate Discrepancies or Issues - Treasury. One person should not have responsibility for Custody of assets and Following up of discrepancies or issues.

Access and/or Custody to Fixed Assets conflicts with Investigate Discrepancies or Issues - Cash. One person should not have responsibility for Custody of assets and Following up of discrepancies or issues.

Access and/or Custody to Fixed Assets with Post Journal Entries to General Ledger. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Access and/or Custody to Fixed Assets conflicts with Maintain Chart of Accounts. One person should not have responsibility for Custody of Assets and Access to Master files, in order to minimize the potential concealment of fraud.

Investigate Discrepancies or Issues - Fixed Assets conflicts with Edit Fixed Asset Master File. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Investigate Discrepancies or Issues - Fixed Assets conflicts with Initiate Purchase of Inventory. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Ship Inventory conflicts with Investigate Discrepancies or Issues - Fixed Assets. One person should not have responsibility for Custody of assets and Following up of discrepancies or issues, in order to minimize the potential concealment of fraud.

Investigate Discrepancies or Issues - Fixed Assets conflicts with Approve Changes to Inventory Cost/Quantity (including disposal). If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Investigate Discrepancies or Issues - Fixed Assets conflicts with Maintain Inventory Records. One person should not have responsibility for Following up of discrepancies or issues and Access to Master files, in order to minimize the potential concealment of fraud.

Investigate Discrepancies or Issues - Fixed Assets conflicts with Edit Inventory Master File. One person should not have responsibility for Following up of discrepancies or issues and Access to Master files, in order to minimize the potential concealment of fraud.

Access and/or Custody to Inventory conflicts with Investigate Discrepancies or Issues - Fixed Assets. One person should not have responsibility for Custody of assets and Following up of discrepancies or issues, in order to minimize the potential concealment of fraud.

Investigate Discrepancies or Issues - Fixed Assets conflicts with Independently Investigate A/R Discrepancies. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Investigate Discrepancies or Issues - Fixed Assets conflicts with Post Journal Entries to General Ledger. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Investigate Discrepancies or Issues - Fixed Assets conflicts with Monitor Suspense or Clearing Accounts Usage. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Investigate Discrepancies or Issues - Fixed Assets conflicts with Maintain Chart of Accounts. One person should not have responsibility for Following up of discrepancies or issues and Access to Master files, in order to minimize the potential concealment of fraud.

Investigate Discrepancies or Issues - Fixed Assets conflicts with Edit Transactional Data. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Investigate Discrepancies or Issues - Fixed Assets conflicts with Approve Editing of Transactional Data. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Initiate Purchase of Inventory conflicts with Access to the Edit Fixed Asset Master File. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Investigate Discrepancies or Issues - Inventory conflicts with Edit Fixed Asset Master File. One person should not have responsibility for Following up of discrepancies or issues and Access to Master files, in order to minimize the potential concealment of fraud.

Independently Investigate A/R Discrepancies conflicts with Edit Fixed Asset Master File. One person should not have responsibility for Following up of discrepancies or issues and Access to Master files, in order to minimize the potential concealment of fraud.

Investigate Discrepancies or Issues - Revenue conflicts with Edit Fixed Asset Master File. One person should not have responsibility for Following up of discrepancies or issues and Access to Master files, in order to minimize the potential concealment of fraud.

Investigate Discrepancies or Issues - Treasury conflicts with Edit Fixed Asset Master File. One person should not have responsibility for Following up of discrepancies or issues and Access to Master files, in order to minimize the potential concealment of fraud.

Investigate Discrepancies or Issues - Cash conflicts with Edit Fixed Asset Master File. One person should not have responsibility for Following up of discrepancies or issues and Access to Master files, in order to minimize the potential concealment of fraud.

Edit fixed asset master file conflicts with Monitor Suspense or Clearing Accounts Usage. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Edit fixed asset master file conflicts with Initiate Request to Alter Transactional Data. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Edit fixed asset master file conflicts with Edit Transactional Data. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Edit fixed asset master file conflicts with Approve Editing of Transactional Data. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Initiate Purchase of Inventory conflicts with Input Purchase Orders. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Authorize Inventory or Expenditure Purchases conflicts with Initiate Purchase of Inventory. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.



15-18.

15-23.

15-24.

15-25.

15-26.

15-27.

15-28.

15-29.

15-30.

15-31.

15-32.

15-42.

15-50.

15-58.

15-64.

15-78.

16-17.

16-18.

16-23.

16-24.

16-25.

16-26.

16-27.

16-28.

16-29.

16-30.

16-31.

16-32.

16-42.

16-78.

17-23.

17-25.

17-30.

Initiate Purchase of Inventory conflicts with Verify and Process Receipt of Inventory. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Initiate Purchase of Inventory conflicts with Initiate Checks for Inventory Purchases. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Initiate Purchase of Inventory conflicts with Ship Inventory. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Record Inventory Transactions conflicts with Initiate Purchase of Inventory. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Initiate Purchase of Inventory conflicts with Inventory Count Responsibility. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Initiate Purchase of Inventory conflicts with Investigate Inventory Count Discrepancies. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Investigate Discrepancies or Issues - Inventory conflicts with Initiate Purchase of Inventory. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Initiate Purchase of Inventory conflicts with Approve Changes to Inventory Cost/Quantity (including disposal). If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Initiate Purchase of Inventory conflicts with Maintain Inventory Records. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Initiate Purchase of Inventory conflicts with Edit Inventory Master File. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Initiate Purchase of Inventory conflicts with Access and/or Custody to Inventory. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Initiate Purchase of Inventory conflicts with Process Sales Orders. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation. The individual could misappropriate inventory by processing a fraudulent sales order and then purchasing inventory to increase the value of inventory and defer questions that may be raised by an individual reviewing the balance sheet.

Investigate Discrepancies or Issues - Revenue conflicts with Initiate Purchase of Inventory. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Investigate Discrepancies or Issues - Treasury conflicts with Initiate Purchase of Inventory. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Investigate Discrepancies or Issues - Cash conflicts with Initiate Purchase of Inventory. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Initiate Purchase of Inventory conflicts with Maintain Chart of Accounts. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Authorize Inventory or Expenditure Purchases conflicts with Input Purchase Orders. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Input Purchase Orders conflicts with Verify and Process Receipt of Inventory. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Initiate Checks for Inventory Purchases conflicts with Input Purchase Orders. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Input Purchase Orders conflicts with Ship Inventory. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Record Inventory Transactions conflicts with Input Purchase Orders. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Input Purchase Orders conflicts with Inventory Count Responsibility. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Input Purchase Orders conflicts with Investigate Inventory Count Discrepancies. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Investigate Discrepancies or Issues - Inventory conflicts with Input Purchase Orders. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Input Purchase Orders conflicts with Approve Changes to Inventory Cost/Quantity (including disposal). If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Input Purchase Orders conflicts with Maintain Inventory Records. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Input Purchase Orders conflicts with Edit Inventory Master File. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Input Purchase Orders conflicts with Access and/or Custody to Inventory. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Input Purchase Orders conflicts with Process Sales Orders. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation. The individual could misappropriate inventory by processing a fraudulent sales order and then purchasing inventory to increase the value of inventory and defer questions that may be raised by an individual reviewing the balance sheet.

Maintain Chart of Accounts conflicts with Input Purchase Orders. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Authorize Inventory or Expenditure Purchases conflicts with Initiate Checks for Inventory Purchases. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Authorize Inventory or Expenditure Purchases conflicts with Record Inventory Transactions. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Authorize Inventory or Expenditure Purchases conflicts with Maintain Inventory Records. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.



17-31.

17-78.

18-23.

18-24.

18-25.

18-26.

18-27.

18-28.

18-29.

18-30.

18-31.

18-32.

18-72.

18-78.

23-24.

23-25.

23-26.

23-28.

23-29.

23-30.

23-31.

23-78.

24-26.

24-27.

24-28.

24-29.

24-30.

24-31.

24-32.

24-42.

24-43.

24-44.

24-45.

24-46.

24-47.

Authorize Inventory or Expenditure Purchases conflicts with Edit Inventory Master File. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Authorize Inventory or Expenditure Purchases conflicts with Maintain Chart of Accounts. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Initiate Checks for Inventory Purchases conflicts with Verify and Process Receipt of Inventory. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Verify and Process Receipt of Inventory conflicts with Ship Inventory. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Record Inventory Transactions conflicts with Verify and Process Receipt of Inventory. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Verify and Process Receipt of Inventory conflicts with Inventory Count Responsibility. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Verify and Process Receipt of Inventory conflicts with Investigate Inventory Count Discrepancies. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Investigate Discrepancies or Issues - Inventory conflicts with Verify and Process Receipt of Inventory. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Verify and Process Receipt of Inventory conflicts with Approve Changes to Inventory Cost/Quantity (including disposal). If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Verify and Process Receipt of Inventory conflicts with Maintain Inventory Records. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Verify and Process Receipt of Inventory conflicts with Edit Inventory Master File. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Verify and Process Receipt of Inventory conflicts with Access and/or Custody to Inventory. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Verify and Process Receipt of Inventory conflicts with Post Journal Entries to General Ledger. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Maintain Chart of Accounts conflicts with Verify and Process Receipt of Inventory. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Initiate Checks for Inventory Purchases conflicts with Ship Inventory. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Initiate Checks for Inventory Purchases conflicts with Record Inventory Transactions. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Initiate Checks for Inventory Purchases conflicts with Inventory Count Responsibility. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Investigate Discrepancies or Issues - Inventory conflicts with Initiate Checks for Inventory Purchases. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Initiate Checks for Inventory Purchases conflicts with Approve Changes to Inventory Cost/Quantity (including disposal). If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Initiate Checks for Inventory Purchases conflicts with Maintain Inventory Records. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Initiate Checks for Inventory Purchases conflicts with Edit Inventory Master File. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Initiate Checks for Inventory Purchases conflicts with Maintain Chart of Accounts. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Inventory Count Responsibility conflicts with Ship Inventory. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Investigate Inventory Count Discrepancies conflicts with Ship Inventory. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Ship Inventory conflicts with Investigate Discrepancies or Issues - Inventory. One person should not have responsibility for Custody of assets and Following up of discrepancies or issues, in order to minimize the potential concealment of fraud.

Ship Inventory conflicts with Approve Changes to Inventory Cost/Quantity (including disposal). One person should not have responsibility for Custody of Assets and Access to Master files, in order to minimize the potential concealment of fraud.

Maintain Inventory Records conflicts with Ship Inventory. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Edit Inventory Master File conflicts with Ship Inventory. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Access and/or Custody to Inventory conflicts with Ship Inventory. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Process Sales Orders conflicts with Ship Inventory. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Ship Inventory conflicts with Approve Terms of Sale. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Ship Inventory conflicts with Record Sales Orders. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Ship Inventory conflicts with Invoice Customers. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Ship Inventory conflicts with Collect Accounts Receivable. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Ship Inventory conflicts with Post Cash Receipts to A/R Sub ledger. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.



24-48.

24-49.

24-50.

24-51.

24-52.

24-58.

24-64.

24-72.

24-78.

25-26.

25-27.

25-28.

25-29.

25-30.

25-31.

25-32.

25-78.

26-27.

26-28.

26-29.

26-30.

26-31.

26-32.

26-72.

26-78.

27-29.

27-30.

27-31.

27-32.

27-78.

28-29.

28-30.

28-31.

28-32.

28-42.

Ship Inventory conflicts with Process Customer Service Calls & Complaints. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Ship Inventory conflicts with Independently Investigate A/R Discrepancies. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Ship Inventory conflicts with Investigate Discrepancies or Issues - Revenue. One person should not have responsibility for Custody of assets and Following up of discrepancies or issues, in order to minimize the potential concealment of fraud.

Ship Inventory conflicts with Maintain/Authorize Accounts Receivable Adjustments. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Ship Inventory conflicts with Edit A/R Master File. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Ship Inventory conflicts with Investigate Discrepancies or Issues - Treasury. One person should not have responsibility for Custody of assets and Following up of discrepancies or issues, in order to minimize the potential concealment of fraud.

Ship Inventory conflicts with Investigate Discrepancies or Issues - Cash. One person should not have responsibility for Custody of assets and Following up of discrepancies or issues, in order to minimize the potential concealment of fraud.

Ship Inventory conflicts with Post Journal Entries to General Ledger. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Ship Inventory conflicts with Maintain Chart of Accounts. One person should not have responsibility for Custody of Assets and Access to Master files, in order to minimize the potential concealment of fraud.

Record Inventory Transactions conflicts with Inventory Count Responsibility. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Record Inventory Transactions conflicts with Investigate Inventory Count Discrepancies. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Investigate Discrepancies or Issues - Inventory conflicts with Record Inventory Transactions. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Record Inventory Transactions conflicts with Approve Changes to Inventory Cost/Quantity (including disposal). If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Record Inventory Transactions conflicts with Maintain Inventory Records. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Record Inventory Transactions conflicts with Edit Inventory Master File. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Record Inventory Transactions conflicts with Access and/or Custody to Inventory. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Record Inventory Transactions conflicts with Maintain Chart of Accounts. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Inventory Count Responsibility conflicts with Investigate Inventory Count Discrepancies. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Investigate Discrepancies or Issues - Inventory conflicts with Inventory Count Responsibility. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Approve Changes to Inventory Cost/Quantity (including disposal) conflicts with Inventory Count Responsibility. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Maintain Inventory Records conflicts with Inventory Count Responsibility. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Edit Inventory Master File conflicts with Inventory Count Responsibility. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Access and/or Custody to Inventory conflicts with Inventory Count Responsibility. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Inventory count Responsibility conflicts with Post Journal Entries to General Ledger. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Maintain Chart of Accounts conflicts with Inventory Count Responsibility. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Approve Changes to Inventory Cost/Quantity (including disposal) conflicts with Investigate Inventory Count Discrepancies. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Maintain Inventory Records conflicts with Investigate Inventory Count Discrepancies. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Edit Inventory Master File conflicts with Investigate Inventory Count Discrepancies. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Access and/or Custody to Inventory conflicts with Investigate Inventory Count Discrepancies. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Maintain Chart of Accounts conflicts with Investigate Inventory Count Discrepancies. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Investigate Discrepancies or Issues - Inventory conflicts with Approve Changes to Inventory Cost/Quantity (including disposal). If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Investigate Discrepancies or Issues - Inventory conflicts with Maintain Inventory Records. One person should not have responsibility for Following up of discrepancies or issues and Access to Master files, in order to minimize the potential concealment of fraud.

Investigate Discrepancies or Issues - Inventory conflicts with Edit Inventory Master File. One person should not have responsibility for Following up of discrepancies or issues and Access to Master files, in order to minimize the potential concealment of fraud.

Access and/or Custody to Inventory conflicts with Investigate Discrepancies or Issues - Inventory. One person should not have responsibility for Custody of assets and Following up of discrepancies or issues, in order to minimize the potential concealment of fraud.

Investigate Discrepancies or Issues - Inventory conflicts with Process Sales Orders. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.



28-49.

28-72.

28-77.

28-78.

28-80.

28-81.

29-30.

29-31.

29-32.

29-42.

29-49.

29-50.

29-58.

29-64.

29-77.

29-78.

29-79.

29-80.

29-81.

30-31.

30-32.

30-42.

30-43.

30-44.

30-45.

30-46.

30-47.

30-48.

30-49.

30-50.

30-51.

30-52.

30-58.

30-64.

30-77.

Investigate Discrepancies or Issues - Inventory conflicts with Independently Investigate A/R Discrepancies. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Investigate Discrepancies or Issues - Inventory conflicts with Post Journal Entries to General Ledger. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Investigate Discrepancies or Issues - Inventory conflicts with Monitor Suspense or Clearing Accounts Usage. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Investigate Discrepancies or Issues - Inventory conflicts with Maintain Chart of Accounts. One person should not have responsibility for Following up of discrepancies or issues and Access to Master files, in order to minimize the potential concealment of fraud.

Investigate Discrepancies or Issues - Inventory conflicts with Edit Transactional Data. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Investigate Discrepancies or Issues - Inventory conflicts with Approve Editing of Transactional Data. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Maintain Inventory Records conflicts with Approve Changes to Inventory Cost/Quantity (including disposal). If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Approve Changes to Inventory Cost/Quantity (including disposal) conflicts with Edit Inventory Master File. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Access and/or Custody to Inventory conflicts with Approve Changes to Inventory Cost/Quantity (including disposal). If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Approve Changes to Inventory Cost/Quantity (including disposal) conflicts with Process Sales Orders. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Independently Investigate A/R Discrepancies conflicts with Approve Changes to Inventory Cost/Quantity (including disposal). If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Investigate Discrepancies or Issues - Revenue conflicts with Approve Changes to Inventory Cost/Quantity (including disposal). If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Investigate Discrepancies or Issues - Treasury conflicts with Approve Changes to Inventory Cost/Quantity (including disposal). If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Investigate Discrepancies or Issues - Cash conflicts with Approve Changes to Inventory Cost/Quantity (including disposal). If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Approve Changes to Inventory Cost/Quantity (including disposal) conflicts with Monitor Suspense or Clearing Accounts Usage. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Approve Changes to Inventory Cost/Quantity (including disposal) conflicts with Maintain Chart of Accounts. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Approve Changes to Inventory Cost/Quantity (including disposal) conflicts with Initiate Request to Alter Transactional Data. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Approve Changes to Inventory Cost/Quantity (including disposal) conflicts with Edit Transactional Data. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Approve Changes to Inventory Cost/Quantity (including disposal) conflicts with Approve Editing of Transactional Data. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Maintain Inventory Records conflicts with Edit Inventory Master File. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Access and/or Custody to Inventory conflicts with Maintain Inventory Records. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Maintain Inventory Records conflicts with Process Sales Orders. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Maintain Inventory Records conflicts with Approve Terms of Sale. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Maintain Inventory Records conflicts with Record Sales Orders. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Maintain Inventory Records conflicts with Invoice Customers. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Maintain Inventory Records conflicts with Collect Accounts Receivable. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Maintain Inventory Records conflicts with Post Cash Receipts to A/R Sub ledger. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Maintain Inventory Records conflicts with Process Customer Service Calls & Complaints. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Maintain Inventory Records conflicts with Independently Investigate A/R Discrepancies. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Investigate Discrepancies or Issues - Revenue conflicts with Maintain Inventory Records. One person should not have responsibility for Following up of discrepancies or issues and Access to Master files, in order to minimize the potential concealment of fraud.

Maintain Inventory Records conflicts with Maintain/Authorize Accounts Receivable Adjustments. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Maintain Inventory Records conflicts with Edit A/R Master File. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Investigate Discrepancies or Issues - Treasury conflicts with Maintain Inventory Records. One person should not have responsibility for Following up of discrepancies or issues and Access to Master files, in order to minimize the potential concealment of fraud.

Investigate Discrepancies or Issues - Cash conflicts with Maintain Inventory Records. One person should not have responsibility for Following up of discrepancies or issues and Access to Master files, in order to minimize the potential concealment of fraud.

Maintain inventory records conflicts with Monitor Suspense or Clearing Accounts Usage. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.



30-79.

30-80.

30-81.

31-32.

31-42.

31-49.

31-50.

31-58.

31-64.

31-77.

31-79.

31-80.

31-81.

32-42.

32-43.

32-44.

32-45.

32-46.

32-47.

32-48.

32-49.

32-50.

32-51.

32-52.

32-58.

32-64.

32-72.

32-78.

33-34.

33-35.

33-36.

33-37.

33-38.

33-41.

34-35.

Maintain inventory records conflicts with Initiate Request to Alter Transactional Data. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Maintain inventory records conflicts with Edit Transactional Data. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Maintain inventory records conflicts with Approve Editing of Transactional Data. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Access and/or Custody to Inventory conflicts with Edit Inventory Master File. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Edit Inventory Master File conflicts with Process Sales Orders. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Independently Investigate A/R Discrepancies conflicts with Edit Inventory Master File. One person should not have responsibility for Following up of discrepancies or issues and Access to Master files, in order to minimize the potential concealment of fraud.

Investigate Discrepancies or Issues - Revenue conflicts with Edit Inventory Master File. One person should not have responsibility for Following up of discrepancies or issues and Access to Master files, in order to minimize the potential concealment of fraud.

Investigate Discrepancies or Issues - Treasury conflicts with Edit Inventory Master File. One person should not have responsibility for Following up of discrepancies or issues and Access to Master files, in order to minimize the potential concealment of fraud.

Investigate Discrepancies or Issues - Cash conflicts with Edit Inventory Master File. One person should not have responsibility for Following up of discrepancies or issues and Access to Master files, in order to minimize the potential concealment of fraud.

Edit Inventory Master File conflicts with Monitor Suspense or Clearing Accounts Usage. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Edit Inventory Master File conflicts with Initiate Request to Alter Transactional Data. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Edit Inventory Master File conflicts with Edit Transactional Data. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Edit Inventory Master File conflicts with Approve Editing of Transactional Data. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Access and/or Custody to Inventory conflicts with Process Sales Orders. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Access and/or Custody to Inventory conflicts with Approve Terms of Sale. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Access and/or Custody to Inventory conflicts with Record Sales Orders. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Access and/or Custody to Inventory conflicts with Invoice Customers. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Access and/or Custody to Inventory conflicts with Collect Accounts Receivable. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Access and/or Custody to Inventory conflicts with Post Cash Receipts to A/R Sub ledger. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Access and/or Custody to Inventory conflicts with Process Customer Service Calls & Complaints. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Access and/or Custody to Inventory conflicts with Independently Investigate A/R Discrepancies. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Access and/or Custody to Inventory conflicts with Investigate Discrepancies or Issues - Revenue. One person should not have responsibility for Custody of assets and Following up of discrepancies or issues, in order to minimize the potential concealment of fraud.

Access and/or Custody to Inventory conflicts with Maintain/Authorize Accounts Receivable Adjustments. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Access and/or Custody to Inventory conflicts with Edit A/R Master File. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Access and/or Custody to Inventory conflicts with Investigate Discrepancies or Issues - Treasury. One person should not have responsibility for Custody of assets and Following up of discrepancies or issues, in order to minimize the potential concealment of fraud.

Access and/or Custody to Inventory conflicts with Investigate Discrepancies or Issues - Cash. One person should not have responsibility for Custody of assets and Following up of discrepancies or issues, in order to minimize the potential concealment of fraud.

Access and/or Custody to Inventory conflicts with Post Journal Entries to General Ledger. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Access and/or Custody to Inventory conflicts with Maintain Chart of Accounts. One person should not have responsibility for Custody of Assets and Access to Master files, in order to minimize the potential concealment of fraud.

Prepare Payroll Checks conflicts with Initiate Payroll Check. The check initiation process should not be performed by someone who will also prepare or sign the check. In order to minimize the potential for concealment of fraud.

Sign Payroll Checks conflicts with Initiate Payroll Check. Checks should be signed by someone who did not initiate or prepare the check, in order to minimize the potential for concealment of fraud.

Review and Authorize Electronic Payroll Disbursements conflicts with Initiate Payroll Check. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Disburse Payroll Checks conflicts with Initiate Payroll Check. Appropriate segregation of duties should exist between the preparation, disbursement, and human resources (or personnel management) functions in order to minimize the potential for concealment of fraud.

Resolving Employee Payroll Inquiries conflicts with Initiate Payroll Check. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Edit Payroll Master File conflicts with Initiate Payroll Check. Appropriate segregation of duties should exist between the preparation, disbursement, and human resources (or personnel management) functions in order to minimize the potential for concealment of fraud.

Prepare Payroll Checks conflicts with Sign Payroll Checks. Checks should be signed by someone who did not initiate or prepare the check, in order to minimize the potential for concealment of fraud.



34-36.

34-37.

34-38.

34-41.

34-60.

35-37.

35-38.

35-41.

35-60.

35-63.

36-37.

36-41.

37-38.

37-41.

37-60.

37-63.

38-41.

38-72.

38-77.

38-80.

38-81.

39-40.

39-66.

40-66.

41-58.

41-64.

41-77.

41-79.

41-80.

41-81.

42-78.

43-44.

43-45.

43-46.

43-47.

Review and Authorize Electronic Payroll Disbursements conflicts with Prepare Payroll Checks. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Prepare Payroll Checks conflicts with Disburse Payroll Checks. Appropriate segregation of duties should exist between the preparation, disbursement, and human resources (or personnel management) functions in order to minimize the potential for concealment of fraud.

Resolving Employee Payroll Inquiries conflicts with Prepare Payroll Checks. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Prepare Payroll Checks conflicts with Edit Payroll Master File. Appropriate segregation of duties should exist between the preparation, disbursement, and human resources (or personnel management) functions in order to minimize the potential for concealment of fraud.

Prepare Payroll Checks conflicts with Open Mail, Copy Checks Received. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Disburse Payroll Checks conflicts with Sign Payroll Checks. Appropriate segregation of duties should exist between the preparation, disbursement, and human resources (or personnel management) functions in order to minimize the potential for concealment of fraud.

Resolving Employee Payroll Inquiries conflicts with Sign Payroll Checks. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Edit Payroll Master File conflicts with Sign Payroll Checks. Appropriate segregation of duties should exist between the preparation, disbursement, and human resources (or personnel management) functions in order to minimize the potential for concealment of fraud.

Sign Payroll Checks conflicts with Open Mail, Copy Checks Received. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Sign Payroll Checks conflicts with Reconcile Cash Accounts. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Review and Authorize Electronic Payroll Disbursements conflicts with Disburse Payroll Checks. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Review and Authorize Electronic Payroll Disbursements conflicts with Edit Payroll Master File. One person should not have responsibility for Following up employee inquiries and Access to Employee Master files, in order to minimize the potential concealment of fraud.

Resolving Employee Payroll Inquiries conflicts with Disburse Payroll Checks. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Disburse Payroll Checks conflicts with Edit Payroll Master File. Appropriate segregation of duties should exist between the preparation, disbursement, and human resources (or personnel management) functions in order to minimize the potential for concealment of fraud.

Disburse Payroll Checks conflicts with Open Mail, Copy Checks Received. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Disburse Payroll Checks conflicts with Reconcile Cash Accounts. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Resolving Employee Payroll Inquiries conflicts with Edit Payroll Master File. One person should not have responsibility for Following up employee inquiries and Access to Employee Master files, in order to minimize the potential concealment of fraud.

Resolving Employee Payroll Inquiries conflicts with Post Journal Entries to General Ledger. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Resolving Employee Payroll Inquiries conflicts with Monitor Suspense or Clearing Accounts Usage. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Resolving Employee Payroll Inquiries conflicts with Edit Transactional Data. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Resolving Employee Payroll Inquiries conflicts with Approve Editing of Transactional Data. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Determine Salary and Wage Rates conflicts with Approve Changes to Salary and Wages. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Define the Financial Closing and Reporting Process conflicts with Determine Salary and Wage Rates. If one individual is responsible for more than one of these functions, that individual could Define the Financial Closing and Reporting Process to fraudulently affect their pay or the pay of others.

Define the Financial Closing and Reporting Process conflicts with Approve Changes to Salary and Wages. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Investigate Discrepancies or Issues - Treasury conflicts with Edit Payroll Master File. One person should not have responsibility for Following up of discrepancies or issues and Access to Master files, in order to minimize the potential concealment of fraud.

Investigate Discrepancies or Issues - Cash conflicts with Edit Payroll Master File. One person should not have responsibility for Following up of discrepancies or issues and Access to Master files, in order to minimize the potential concealment of fraud.

Edit Payroll Master File conflicts with Monitor Suspense or Clearing Accounts Usage. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Edit Payroll Master File conflicts with Initiate Request to Alter Transactional Data. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Edit Payroll Master File conflicts with Edit Transactional Data. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Edit Payroll Master File conflicts with Approve Editing of Transactional Data. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Maintain Chart of Accounts conflicts with Process Sales Orders. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Record Sales Orders conflicts with Approve Terms of Sale. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Approve Terms of Sale conflicts with Invoice Customers. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Approve Terms of Sale conflicts with Collect Accounts Receivable. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Approve Terms of Sale conflicts with Post Cash Receipts to A/R Sub ledger. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.



43-48.

43-49.

43-50.

43-51.

43-52.

44-45.

44-46.

44-47.

44-48.

44-49.

44-50.

44-51.

44-52.

45-46.

45-47.

45-48.

45-49.

45-50.

45-51.

45-52.

46-47.

46-48.

46-49.

46-50.

46-51.

46-52.

47-48.

47-49.

47-50.

47-51.

47-52.

47-60.

47-61.

47-62.

47-63.

Approve Terms of Sale conflicts with Process Customer Service Calls & Complaints. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Approve Terms of Sale conflicts with Independently Investigate A/R Discrepancies. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Investigate Discrepancies or Issues - Revenue conflicts with Approve Terms of Sale. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Approve Terms of Sale conflicts with Maintain/Authorize Accounts Receivable Adjustments. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Approve Terms of Sale conflicts with Edit A/R Master File. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Record Sales Orders conflicts with Invoice Customers. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Record Sales Orders conflicts with Collect Accounts Receivable. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Record Sales Orders conflicts with Post Cash Receipts to A/R Sub ledger. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Record Sales Orders conflicts with Process Customer Service Calls & Complaints. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Record Sales Orders conflicts with Independently Investigate A/R Discrepancies. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Investigate Discrepancies or Issues - Revenue conflicts with Record Sales Orders. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Record Sales Orders conflicts with Maintain/Authorize Accounts Receivable Adjustments. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Record Sales Orders conflicts with Edit A/R Master File. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Invoice Customers conflicts with Collect Accounts Receivable. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Invoice Customers conflicts with Post Cash Receipts to A/R Sub ledger. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Invoice Customers conflicts with Process Customer Service Calls & Complaints. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Invoice Customers conflicts with Independently Investigate A/R Discrepancies. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Investigate Discrepancies or Issues - Revenue conflicts with Invoice Customers. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Invoice Customers conflicts with Maintain/Authorize Accounts Receivable Adjustments. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Invoice Customers conflicts with Edit A/R Master File. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Post Cash Receipts to A/R Sub ledger conflicts with Collect Accounts Receivable. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Collect Accounts Receivable conflicts with Process Customer Service Calls & Complaints. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Collect Accounts Receivable conflicts with Independently Investigate A/R Discrepancies. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Investigate Discrepancies or Issues - Revenue conflicts with Collect Accounts Receivable. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Maintain/Authorize Accounts Receivable Adjustments conflicts with Collect Accounts Receivable. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Collect Accounts Receivable conflicts with Edit A/R Master File. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Post Cash Receipts to A/R Sub ledger conflicts with Process Customer Service Calls & Complaints. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Post Cash Receipts to A/R Sub ledger conflicts with Independently Investigate A/R Discrepancies. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Investigate Discrepancies or Issues - Revenue conflicts with Post Cash Receipts to A/R Sub ledger. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Maintain/Authorize Accounts Receivable Adjustments conflicts with Post Cash Receipts to A/R Sub ledger. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Post Cash Receipts to A/R Sub ledger conflicts with Edit A/R Master File. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Post Cash Receipts to A/R Sub ledger conflicts with Open Mail, Copy Checks Received. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Post Cash Receipts to A/R Sub ledger conflicts with Prepare Deposits. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Post Cash Receipts to A/R Sub ledger conflicts with Deposit Cash Receipts. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Post Cash Receipts to A/R Sub ledger conflicts with Reconcile Cash Accounts. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.



48-49.

48-51.

48-52.

49-51.

49-52.

49-58.

49-60.

49-64.

49-78.

50-51.

50-52.

50-72.

50-77.

50-78.

50-80.

50-81.

51-52.

51-60.

51-65.

52-65.

52-77.

52-79.

52-80.

52-81.

53-54.

53-55.

53-56.

54-55.

54-56.

54-57.

54-58.

55-56.

55-57.

55-58.

56-57.

Independently Investigate A/R Discrepancies conflicts with Process Customer Service Calls & Complaints. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Maintain/Authorize Accounts Receivable Adjustments conflicts with Process Customer Service Calls & Complaints. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Edit A/R Master File conflicts with Process Customer Service Calls & Complaints. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Maintain/Authorize Accounts Receivable Adjustments conflicts with Independently Investigate A/R Discrepancies. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Independently Investigate A/R Discrepancies conflicts with Edit A/R Master File. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Investigate Discrepancies or Issues - Treasury conflicts with Independently Investigate A/R Discrepancies. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Independently Investigate A/R Discrepancies conflicts with Open Mail, Copy Checks Received. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Investigate Discrepancies or Issues - Cash conflicts with Independently Investigate A/R Discrepancies. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Independently Investigate A/R Discrepancies conflicts with Maintain Chart of Accounts. One person should not have responsibility for Following up of discrepancies or issues and Access to Master files, in order to minimize the potential concealment of fraud.

Investigate Discrepancies or Issues - Revenue conflicts with Maintain/Authorize Accounts Receivable Adjustments. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Investigate Discrepancies or Issues - Revenue conflicts with Edit A/R Master File. One person should not have responsibility for Following up of discrepancies or issues and Access to Master files, in order to minimize the potential concealment of fraud.

Investigate Discrepancies or Issues - Revenue conflicts with Post Journal Entries to General Ledger. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Investigate Discrepancies or Issues - Revenue conflicts with Monitor Suspense or Clearing Accounts Usage. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Investigate Discrepancies or Issues - Revenue conflicts with Maintain Chart of Accounts. One person should not have responsibility for Following up of discrepancies or issues and Access to Master files, in order to minimize the potential concealment of fraud.

Investigate Discrepancies or Issues - Revenue conflicts with Edit Transactional Data. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Investigate Discrepancies or Issues - Revenue conflicts with Approve Editing of Transactional Data. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Maintain/Authorize Accounts Receivable Adjustments conflicts with Edit A/R Master File. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Maintain/Authorize Accounts Receivable Adjustments conflicts with Open Mail, Copy Checks Received. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Maintain/Authorize Accounts Receivable Adjustments conflicts with Access to Cash. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Edit A/R Master File conflicts with Access to Cash. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Edit A/R Master File conflicts with Monitor Suspense or Clearing Accounts Usage. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Edit A/R Master File conflicts with Initiate Request to Alter Transactional Data. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Edit A/R Master File conflicts with Edit Transactional Data. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Edit A/R Master File conflicts with Approve Editing of Transactional Data. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Initiate Invest / Borrow / Derivative Transactions conflicts with Record Invest / Borrow / Derivative Transactions. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Initiate Invest / Borrow / Derivative Transactions conflicts with Record Invest / Borrow / Derivative Transactions. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Initiate Invest / Borrow / Derivative Transactions conflicts with Reconcile Invest / Borrow / Derivative Accounts. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Record Invest / Borrow / Derivative Transactions conflicts with Approve Invest / Borrow / Derivative Transactions. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Approve Invest / Borrow / Derivative Transactions conflicts with Reconcile Invest / Borrow / Derivative Accounts. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Approve Invest / Borrow / Derivative Transactions conflicts with Review / Analyze Invest / Borrow / Derivative Accounts. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Investigate Discrepancies or Issues - Treasury conflicts with Approve Invest / Borrow / Derivative Accounts. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Record Invest / Borrow / Derivative Transactions conflicts with Reconcile Invest / Borrow / Derivative Accounts. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Record Invest / Borrow / Derivative Transactions conflicts with Review / Analyze Invest / Borrow / Derivative Accounts. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Investigate Discrepancies or Issues - Treasury conflicts with Record Invest / Borrow / Derivative Transactions. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Reconcile Invest / Borrow / Derivative Accounts conflicts with Review / Analyze Invest / Borrow / Derivative Accounts. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.



56-58.

57-58.

58-72.

58-77.

58-78.

58-80.

58-81.

59-77.

59-79.

59-80.

59-81.

60-61.

60-62.

60-63.

60-64.

60-72.

61-62.

61-63.

61-64.

62-63.

62-64.

62-72.

63-64.

63-65.

64-72.

64-77.

64-78.

64-80.

64-81.

65-72.

66-77.

67-68.

67-69.

67-77.

68-69.

Investigate Discrepancies or Issues - Treasury conflicts with Reconcile Invest / Borrow / Derivative Accounts. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Investigate Discrepancies or Issues - Treasury conflicts with Review / Analyze Invest / Borrow / Derivative Accounts. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Investigate Discrepancies or Issues - Treasury conflicts with Post Journal Entries to General Ledger. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Investigate Discrepancies or Issues - Treasury conflicts with Monitor Suspense or Clearing Accounts Usage. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Investigate Discrepancies or Issues - Treasury conflicts with Maintain Chart of Accounts. One person should not have responsibility for Following up of discrepancies or issues and Access to Master files, in order to minimize the potential concealment of fraud.

Investigate Discrepancies or Issues - Treasury conflicts with Edit Transactional Data. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Investigate Discrepancies or Issues - Treasury conflicts with Approve Editing of Transactional Data. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Monitor Suspense or Clearing Accounts Usage conflicts with Edit Invest / Borrow / Derivative Master Files. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Initiate Request to Alter Transactional Data conflicts with Edit Invest / Borrow / Derivative Master Files. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Edit Transactional Data conflicts with Edit Invest / Borrow / Derivative Master Files. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Approve Editing of Transactional Data conflicts with Edit Invest / Borrow / Derivative Master Files. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Open Mail, Copy Checks Received conflicts with Prepare Deposits. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Deposit Cash Receipts conflicts with Open Mail, Copy Checks Received. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Reconcile Cash Accounts conflicts with Open Mail, Copy Checks Received. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Investigate Discrepancies or Issues - Cash conflicts with Open Mail, Copy Checks Received. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Open Mail, Copy Checks Received conflicts with Post Journal Entries to General Ledger. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Deposit Cash Receipts conflicts with Prepare Deposits. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Reconcile Cash Accounts conflicts with Prepare Deposits. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Investigate Discrepancies or Issues - Cash conflicts with Prepare Deposits. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Reconcile Cash Accounts conflicts with Deposit Cash Receipts. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Investigate Discrepancies or Issues - Cash conflicts with Deposit Cash Receipts. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Deposit Cash Receipts conflicts with Post Journal Entries to General Ledger. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Investigate Discrepancies or Issues - Cash conflicts with Reconcile Cash Accounts. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Reconcile Cash Accounts conflicts with Access to Cash. If one individual has responsibility for more than one of these functions, that individual could misappropriate assets and conceal the misappropriation.

Investigate Discrepancies or Issues - Cash conflicts with Post Journal Entries to General Ledger. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Investigate Discrepancies or Issues - Cash conflicts with Monitor Suspense or Clearing Accounts Usage. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Investigate Discrepancies or Issues - Cash conflicts with Maintain Chart of Accounts. One person should not have responsibility for Following up of discrepancies or issues and Access to Master files, in order to minimize the potential concealment of fraud.

Investigate Discrepancies or Issues - Cash conflicts with Edit Transactional Data. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Investigate Discrepancies or Issues - Cash conflicts with Approve Editing of Transactional Data. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Post Journal Entries to General Ledger conflicts with Access to Cash. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Define the Financial Closing and Reporting Process conflicts with Monitor Suspense or Clearing Accounts Usage. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Initiate Non-Routine Transactions conflicts with Review, Evaluate and Approve Non-Routine Transactions. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Initiate Non-Routine Transactions conflicts with Record Non-Routine Transactions. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Initiate Non-Routine Transactions conflicts with Monitor Suspense or Clearing Accounts Usage. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Review, Evaluate and Approve Non-Routine Transactions conflicts with Record Non-Routine Transactions. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.



69-77.

70-71.

70-72.

71-72.

73-74.

75-76.

77-78.

78-79.

78-80.

78-81.

79-80.

79-81.

80-81.

Record Non-Routine Transactions conflicts with Monitor Suspense or Clearing Accounts Usage. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Initiate Journal Entries conflicts with Approve Journal Entries. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Initiate Journal Entries conflicts with Post Journal Entries to General Ledger. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Approve Journal Entries conflicts with Post Journal Entries to General Ledger. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Prepare Consolidation conflicts with Review and Approve Consolidation. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Generate Internal Drafts of Financial Statements conflicts with Review and Approve Financial Statements. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Maintain Chart of Accounts conflicts with Monitor Suspense or Clearing Accounts Usage. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Maintain Chart of Accounts conflicts with Initiate Request to Alter Transactional Data. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Maintain Chart of Accounts conflicts with Edit Transactional Data. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Maintain Chart of Accounts conflicts with Approve Editing of Transactional Data. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Initiate Request to Alter Transactional Data conflicts with Edit Transactional Data. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Initiate Request to Alter Transactional Data conflicts with Approve Editing of Transactional Data. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Edit Transactional Data conflicts with Approve Editing of Transactional Data. If one individual has responsibility for more than one of these functions, that individual could conceal errors or fraudulent activity.

Documents

Segregation of Duties Framework