The Segregation of Duties in Critical Business Application and Processes

Given how significant accounting processes and applications are prime targets for top business risks that include fraud and noncompliance, it’s important to take control and start your risk management analysis. Take an important step toward effective organizational risk management by using this fillable and interactive segregation of duties (SOD) matrix for cash disbursements, procurement, and payroll. After answering the questions, you’ll have a high-level view of functional areas that could pose increased risk for your organization. Use these thought-starters to guide future conversations with your professional advisor about risk management.