Segregation of Duties (SOD) is a basic building block of risk management and internal controls for an organization. For instance, you would not want to allow an employee to both create and approve the same travel and expense claim in your system.
May 15, 2014 · Normally, the segregation of duties identified below results in either a significant deficiency or a material weakness in internal control. For each “segregation of duties: problem identified here: a. Identify the risk to financial reporting that is associated with the inadequacy of the segregation of duties. b. Identify other controls that ...