Segregation of duties (SOD) is the cornerstone of strong internal control. The inability to maintain proper SOD can hamper an organization's ability to deliver service efficiently. Personnel often struggle with the proper concepts of what contributes to SOD. When resources are scarce, the concept is even more difficult.

A separate course titled “Segregation of Duties for the Office of the CFO” highlighted why and how the Office of the CFO should pay special attention to the segregation of duties (SOD). This course will delve deeper into core business processes and examine the concepts of which duties should be segregated to provide adequate internal control.

The basics of segregation of duties indicate that no one individual should be given or assigned job functions in more than one of the following categories:

• Asset custody
• Authorization and approval
• Recordkeeping
• Reconciliation

This course will examine each of the following business processes and discuss key roles/tasks that should be evaluated for proper segregation of duties:

• Revenue and receivables
• Disbursement
• Procure to pay
• Treasury and cash
• Inventory
• Payroll

Prerequisites and Advanced Preparation

• Suggested completion of the module on Segregation of Duties for the Office of the CFO