unified

UC-FIN-05 — Segregate incompatible financial duties

Divide incompatible duties, including authorization, recording, custody of assets, and reconciliation, among different individuals across financial processes so that no one person can both perpetrate and conceal an error or fraud. Enforce the segregation through role design and system access, maintain a documented segregation-of-duties conflict matrix, and review conflicts periodically with documented mitigating controls where segregation is impracticable.

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

Attributes

domain
Financial Reporting Controls (SOX)
type
preventive
category
administrative

Details

unified_id
UC-FIN-05
title
Segregate incompatible financial duties
statement
Divide incompatible duties, including authorization, recording, custody of assets, and reconciliation, among different individuals across financial processes so that no one person can both perpetrate and conceal an error or fraud. Enforce the segregation through role design and system access, maintain a documented segregation-of-duties conflict matrix, and review conflicts periodically with documented mitigating controls where segregation is impracticable.
domain
Financial Reporting Controls (SOX)
control_type
preventive
control_category
administrative
members
  • framework
    sox
    control_id
    PLC-SOD
    coverage
    full
    relationship
    equal
guidance

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