Bayt.com

Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

Time keeping and preparation of Payroll Journal Entries , are they considered violation of Segregation as functional responsibilities ? Yes or No?

Internal Controls
user-image
Question added by Tariq Raza , MANAGER FINANCIAL PLANNING AND ANALYSIS , MBE ACCOUNTING CANADA
Date Posted: 2014/02/10
Upvote (2) Views (3) Followers (3) Answers (1) Report Question
Write an Answer
Register now or log in to answer.
Faisal Majeed - Chartered Accountant
by Faisal Majeed - Chartered Accountant , Regional Project Financial Controller , Barr + Wray FZE LLC & Barr + Wray (Hong Kong Limited)

yes, it is a violation of segregation of duties.

Write Your Answer
More Questions Like This