Separation of duties is always the most critical internal controls.
A part of that separation is the review process.
If Sally writes checks, Joe should reconcile the bank statement.
If Bob does payroll, at least one owner or senior manager reviews the payroll regularly.
If an outside vendor does payroll with input from Jane, someone besides Jane reviews the payroll.
Sounds simple? Not really.
Everybody is too busy, there are too many deadlines, the crush of daily work makes this difficult.
BUT REVIEW IS ESSENTIAL.
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