aThe basic internal control features discussed above apply to both manual and computer systems. The use of computers does not negate the need to hire competent employees with high personal integrity. Persons in position of trust should still be bonded. The segregation and rotation of duties remain...
Fixed assets disposals should be authorised in accordance with the authority limits. Reconciliation Fixed Assets Register should be reconciled to the GL on amonthly basis. Segregation of duties There should be segregation of responsibilities between the following functions: –Fixed assets custodians –...
(13) The cost of any repairs, alterations, additions, changes, replacements and other items which under generally accepted accounting principles were properly classified as capital expenditures to the extent they upgrade or improve the Project as opposed to replace 10 existing items which have worn ...
Tenant promises, and it is a condition to the continuance of this Lease, that there will be no discrimination against, or segregation of, any person or group of persons on the basis of race, color, sex, creed, national original or ancestry in the leasing, subleasing, transferring, ...