Accounts receivable super user may have the ability to enter A/R receipts, credit memos, and invoices while entering and maintaining customer master information. This creates the risk that one user could create fraudulent or erroneous sales and A/R transactions. Other similar situations include ...
Separation of Duties, also known as Segregation of Duties, is the concept of dividing sensitive tasks up amongst more than one person. In the traditional sense, SoD refers to separating duties — such as accounts payable from accounts receivable — to limit insider threats to financial systems an...