risk

Segregation-of-duties conflicts in financial processes

Incompatible duties (initiate, approve, record, and custody) concentrated in one role or via broad system access enable unauthorized or fraudulent transactions to be recorded and concealed.

Record JSON · Open in map · Data retrieval guide

Catalog revision: 24028ffcfc2b295fa1b08ee6caa84b765f0731b321496bf4f548c49ad2177028. A connection does not establish full coverage.

Attributes

category
financial_reporting
domain
  • Financial Reporting Controls (SOX)
  • Access Control & Identity Management
  • Compliance, Audit & Assurance
taxonomy
  • coso-erm-risk
  • sox-rmm-assertion
inherent_rating
high

Details

risk_id
fin-segregation-of-duties
category
financial_reporting
likelihood
medium
impact
high
inherent_rating
high
treatment
mitigate
taxonomies
  • coso-erm-risk
  • sox-rmm-assertion

Source

No record-specific source URL is provided.

Connections