How are You Managing the Segregation of Duties?

By Pam Miller, APMD Careful consideration should always be given to who does what—and who has access to critical AP processing functions—in your organization. Whether you refer to this internal control as "segregation of duties" or "separation of duties," your procedures need to encompass three separate aspects: written policies, system set-up and access, and what is really happening on a day-to-day basis in the AP shop. Segregation of Duties Defined Segregation of duties is a preventive…