Segregation of Duties for Account Reconciliations 2166
Cox4SOX last edited by
I know there is a SOD concern for accountant that post entries to a ledger and the very same accountant that prepares the account reconciliation… Are I mistaken? Please elaborate. :x
kymike last edited by
That is a textbook SOD issue. In the real world, these are hard to separate. In that case, identification of compensating controls is necessary. A good example of compensating controls would be review / approval of JEs and account reconciliations by a supervisor.