Avoid Audit Issues: Separation of Duties

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AP Now
322 بار بازدید - 6 ماه پیش - Are you well-versed in the
Are you well-versed in the crucial concept of separation of duties? Delve into the depths of its monumental significance and realize why it is regarded as the bedrock of a rock-solid internal control process within the realms of accounting, finance, and procurement. Embark on a thrilling journey where we meticulously explore and dissect the various tasks that are typically handled by an accounts payable department. Brace yourself for a jaw-dropping revelation as we unveil which tasks should never be entrusted to the same individual. Stay in the know and stay ahead of the game by subscribing to our channel today! #accountspayable #accounting #internalcontrols

Link to Where Separation of Duties Doesn't Work
Where Separation of Duties Doesn't Work

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00:00 Introduction
00:49 What AP Separation of Duties Means
02:34 Why Separation of Duties Matters
03:22 Invoice Processor Separation of Duties
04:25 Payment Approver/Signer Separation of Duties
05:21 Check Stock and Separation of Duties
06:15 Bank Recs and Separation of Duties
07:08 Master Vendor File and Separation of Duties
07:35 Unclaimed Property and Separation of Duties
07:56 The Separation of Duties Disaster
6 ماه پیش در تاریخ 1402/11/03 منتشر شده است.
322 بـار بازدید شده
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