Segregation of Duties. Employ proper segregation of duties with regard to the functions of approval, record keeping and custody of assets, including accounting, to minimize the likelihood of undetected errors and irregularities.
Segregation of Duties. Supplier shall enforce the separation of duties to reduce opportunities for unauthorized or unintentional modification or misuse of Supplier's assets. No single user shall be able to access, modify, or use assets without authorization or detection. Supplier shall identify duties that require separation and define information system access authorizations to support separation of duties.
Segregation of Duties. To the extent reasonably possible, Administrator must segregate duties and areas of responsibility in order to reduce opportunities for unauthorized modification or misuse of Administrator’s assets and ensure that no single person can access, modify or use assets without authorization or detection. Controls will be designed to separate the initiation of an event from its authorization. If segregation is not reasonably possible, other controls such as monitoring of activities, audit trails and management supervision should be utilized. Development, testing, and operational environments should be separated to reduce the risks of unauthorized access or changes to the operational environment.
Segregation of Duties. If any action on behalf of the Company requires the action or approval of two officers, such action or approval must be undertaken by two separate individuals and not by a single officer acting in two separate capacities.
Segregation of Duties. Charter School will develop and maintain simple check requests and purchase order forms to document the authorization of all non-budgeted expenditures. All proposed expenditures must be approved by the Director who will review the proposed expenditure to determine whether it is consistent with the Board-adopted budget and sign the check request form. All transactions will be posted on the Charter Schools financial system. The transactions will be posted on the system by someone at the school site or contracted bookkeeper. To ensure segregation of record recording and authorization, the bookkeeper may not co-sign check requests or purchase orders.
Segregation of Duties. Conflicting duties and areas of responsibility shall be segregated to reduce opportunities for unauthorised or unintentional modification or misuse of Ve’s assets. Where this is not possible, detailed mitigating controls must be prepared and approved as a Policy Exception by Ve’s Information Security Team (IST). Where practical, the initiation of an event should be separate from the authorisation. The possibility of collusion must be considered in the design and implementation of information security controls.
Segregation of Duties. Accessing Party shall safeguard Disclosing Party Confidential Information by employing commercially reasonable practices, techniques and/or technologies, to implement segregation of duties. Cloud Service Delivery1
Segregation of Duties. There must be segregation of duties between the Executive Director, Treasurer, and Business Manager. No appointed representative on the Board shall be eligible to serve in the position of Executive Director, Treasurer, or Business Manager. No employee of CASE may serve on the Board or shall be eligible to serve concurrently in the positions of Treasurer or Business Manager, or a person with responsibilities similar to those of a town accountant (see 603 CMR 50.06).
Segregation of Duties. Job roles are designed to limit the potential for conflicts of interest. Where appropriate and proportionate, systems and controls exist to prevent Personnel from undertaking roles where such a conflict may exist. However, due to the nature, scale and complexity of our business, there can be occasions when a member of staff is required to undertake duties that could give rise to a conflict. In this event, every effort is made to ensure that such circumstances exist only for a limited period or that additional controls are in place to identify inappropriate behaviour. All Personnel are regularly assessed for competency for their roles and Personnel are required to follow the internal procedures detailed in our Compliance Manual. Where a potential conflict may exist within a role, additional monitoring, control and sign- off procedures are in place to mitigate any such conflict. Audit records, reconciliation procedures and Compliance monitoring arrangements are also in place to ensure all processes are adequately controlled and reviewed.
Segregation of Duties. When putting in place control measures, management considers whether duties are correctly divided between staff members to reduce risks of error and inappropriate or fraudulent actions.
