SECTION 1.2 – INTERNAL CONTROLSINTRODUCTIONInternal control is a plan of organization under which employees’ duties are arrangedand records and procedures are designed to make it possible to exercise effectiveaccounting control over assets, liabilities, revenues, and expenditures.
SEPARATION OF DUTIES
Employee responsibilities should be subdivided so that no single employee isresponsible for authorizing, processing, recording and reviewing a single transaction.
The
numeric sequence of documents should be controlled and accounted for.
All reconciliations are designed to
ensure that documents accurate...
Allowed
Adobe Portable Document Format (.pdf) - application/pdf
... 
