ACT.txt

Establisment of Responsibility

One person is responsible for a given task
Segregation of Duties

Diffrent individuals should be responsible for related activities
Documentation Procedures

Prenumbered documents
Independent Internal Verification

Verify records periodically
Human Resource Controls
- 1.Bond Employees
- 2. Rotate Duties/ Vacation Time
- 3. Conduct Thourough Background Checks

Author

Anonymous

84046

Card Set

ACT.txt

Description

Internal Control Principles

Updated

2011-05-05T23:09:57Z

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