Day: June 1, 2021

Implementing Segregation of Duties: A Practical Experience Based on Best Practices

For example, someone responsible for inventory custody can’t also oversee transactional recordkeeping regarding inventory. Segregation of duties is designed to prevent unilateral actions within an organization’s workflow, which can result in damaging events that would exceed the organization’s risk tolerance. In short, no one person or group should be given control over a process or…