Separation of Duties definition

Separation of Duties means the concept that no individual should have control over two or more phases of an operation or areas of conflicting responsibility.
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Separation of Duties means that the authority of a person(s) to approve and sign approval in one area of responsibility does not also include those of another area of responsibility. The specialist disciplines of contract preparation (legal & technical), contract implementation and payments (invoices) must be kept as separate activities with separate signatory approvals. The Finance Manager, Procurement Manager and the Contracts Manager/ Warehouse Manager may not sign any documentation outside their area of specialisation.
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Separation of Duties means assigning different tasks and responsibilities to different individuals or teams within the provider to reduce the risk of fraud, error, and other misconduct;
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Examples of Separation of Duties in a sentence

  • Separation of Duties The Authorized User Agreement may require the separation of job duties, and that Contractor staff knowledge of Data be limited to that which is absolutely needed to perform job duties.

  • Separation of Duties – A concept used to ensure there are typically separate personnel with authority to authorize a transaction, process the transaction, and review the transaction.

  • Examples of such controls are: • Internal Check (the checking of one person’s work by another);• Separation of Duties (assigning key tasks within a process to different members of staff);• Systems Manuals (descriptions of how systems and individuals should operate);• Authorisation (certification that a transaction or event is acceptable for further processing);• Monitoring; scrutiny of exceptions and general supervision.

  • VIII.4. Separation of Duties A separation of duties must be followed with the P-Card Program, as with any other financial transaction.

  • Remediation of privacy risks associated with notice and redress are addressed in Sections 6 and 7 respectively.Mitigation occurs through policies that address Separation of Duties (SOD) which ensures that system operators and system administrators have limited, if any, access to PII.

  • Separation of Duties Matrix Reference: NIST 800-53 control AC-5 Contractor shall develop and furnish a separation of duties matrix reflecting proper segregation of duties for IT system maintenance, management, and development processes.

  • Delegation and Separation of Duties Delegation and separation of duties is the most important internal control to have in place.

  • Separation of Duties for the Receipt and Recording of Cash The same employee shall not receive cash, record the receipt, deposit the funds, and make journal and/or ledger entries for cash.

  • Separation of Duties There shall be internal control procedures that include the appropriate separation of duties such as, but not limited to the following: a.

  • Separation of Duties for the Receipt of Negotiable Items and the Control of Negotiable Items The same employee shall not receive negotiable items, dispense these items and control the repository and the inventory of them.


More Definitions of Separation of Duties

Separation of Duties means the clear authority of individual person(s) to approve
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Separation of Duties means the work of employees is subdivided so that no single Employee has the authority to complete a transaction cycle. For example, the Cardholder who makes purchases on the Procurement Card should not be the person to create a payment voucher to the card issuer.
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Separation of Duties. A basic control that prevents or detects errors and irregularities by assigning responsibility for initiating transactions, recording transactions and custody of assets to separate individuals; and • Role-Based Security: Access controls to perform certain operations ('permissions') are assigned to specific roles.
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Separation of Duties means that one person’s work serves as a complementary check on another’s. Implied in this definition is the concept that no one person should have complete control over any transaction from initialization to completion. Having adequate segregation of duties has a major impact on ensuring that transactions are valid and properly recorded.
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Separation of Duties means the segregation of responsibilities associated with payment receipting and disbursing of payments from the responsibility for posting to the case financial records and the reconciliation of those records, including bank statement reconciliation and case management reconciliation functions.
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Related to Separation of Duties

  • Segregation of Duties means the assignment of different people in the responsibility of authorising transactions, recording transactions and maintaining custody of assets with the intention of reducing the opportunities to allow any person to be in a position to both perpetrate and conceal fraud or error due to fraud in the normal course of their duties.

  • Performance of duties means duties performed within the employee’s authorized scope of employment and performed in the line of duty.

  • Change in Duties means: (i) The occurrence, prior to a Change of Control or after the expiration of a Change of Control Period, of any one or more of the following: (1) a material reduction in the nature or scope of Executive’s authorities or duties from those previously applicable to him; (2) a reduction in Executive’s Annual Base Salary; (3) a material diminution in employee benefits (including, but not limited to, medical, dental, life insurance and long-term disability plans) and perquisites applicable to Executive from those substantially similar to the employee benefits and perquisites provided by WRI to executives with comparable duties; or (4) a change in the location of Executive’s principal place of employment by the Company (including its subsidiaries and the Parent) by more than 60 miles from the location where he was principally employed; provided, however, that such change in the location of Executive’s principal place of employment shall not constitute a Change In Duties if the decision to relocate was mutually acceptable to Executive and the Company prior to such change in location. (ii) The occurrence, within a Change of Control Period, of any one or more of the following: (1) a material reduction in the nature or scope of Executive’s authorities or duties from those applicable to him immediately prior to the date on which a Change of Control occurs; (2) a reduction in Executive’s Annual Base Salary from that provided to him immediately prior to the date on which a Change of Control occurs; (3) a diminution in Executive’s eligibility to participate in bonus, stock option, incentive award and other compensation plans that provide opportunities to receive compensation which are the greater of (A) the opportunities provided by the Company (including its subsidiaries and the Parent) for executives with comparable duties or (B) the opportunities under any such plans under which he was participating immediately prior to the date on which a Change of Control occurs; (4) a material diminution in employee benefits (including, but not limited to, medical, dental, life insurance and long-term disability plans) and perquisites applicable to Executive from the greater of (A) the employee benefits and perquisites provided by the Company (including its subsidiaries and the Parent) to executives with comparable duties or (B) the employee benefits and perquisites to which Executive was entitled immediately prior to the date on which a Change of Control occurs; or (5) a change in the location of Executive’s principal place of employment by the Company (including its subsidiaries and the Parent) by more than 60 miles from the location where he was principally employed immediately prior to the date on which a Change of Control occurs; provided, however, that such change in the location of Executive’s principal place of employment shall not constitute a Change In Duties if the decision to relocate was mutually acceptable to Executive and the Company prior to such change in location.

  • Termination of Services means Participant’s Termination of Consultancy, Termination of Directorship or Termination of Employment, as applicable.

  • Tour of Duty means the period of time, not exceeding the basic hours of work per day, which an employee is scheduled to work on any day, and of which she has been advised in advance.

  • Termination of Directorship means that the Non-Employee Director has ceased to be a director of the Company; except that if a Non-Employee Director becomes an Eligible Employee or a Consultant upon the termination of his or her directorship, his or her ceasing to be a director of the Company shall not be treated as a Termination of Directorship unless and until the Participant has a Termination of Employment or Termination of Consultancy, as the case may be.

  • Breach of Duty means the Director or Officer breached or failed to perform his or her duties to the Corporation and his or her breach of or failure to perform those duties is determined, in accordance with Section 8.04, to constitute misconduct under Section 180.0851 (2) (a) 1, 2, 3 or 4 of the Statute.

  • Payment Duties Defined in Section 8.2(b).

  • Separation shall have the meaning set forth in the Recitals.

  • Promotion of Access to Information Act ’ means the Promotion of Access to Information Act, 2000 (Act No. 2 of 2000);

  • NORMAL HOURS/TIMINGS OF DUTY means the duty hours, which may be stipulated or instructed by the Company's Engineer.

  • Line of duty means any action the deceased or disabled person was obligated or authorized to

  • Taxes and Duties means all taxes, duties, fees etc. payable as per applicable laws in India in connection with the development, operation and management of the Project;

  • import duties means any customs duties and other charges of equivalent effect levied on imported goods;

  • Qualifying Termination of Employment means a Participant’s Termination of Employment (i) by the Company without Cause or (ii) by the Participant with or without Good Reason or by reason of Retirement.

  • Separation and Distribution Agreement has the meaning set forth in the Recitals.

  • Coordination of Benefits or “COB” means a provision establishing an order in which plans pay their claims, and permitting secondary plans to reduce their benefits so that the combined benefits of all plans do not exceed total allowable expenses.

  • Administration of Medication means the act of placing a medication in or on an individual's body by a staff member who is responsible for the individual's care.

  • Separation Agreement has the meaning set forth in the recitals to this Agreement.

  • Separation Benefits has the meaning accorded such term in Section 3.04.

  • Solicitation of a romantic relationship means deliberate or repeated acts that can be reasonably interpreted as the solicitation by an educator of a relationship with a student that is romantic in nature. A romantic relationship is often characterized by a strong emotional or sexual attachment and/or patterns of exclusivity, but does not include appropriate educator-student relationships that arise out of legitimate contexts such as familial connections or longtime acquaintance. The following acts, considered in context, may constitute prima facie evidence of the solicitation by an educator of a romantic relationship with a student:

  • Release of Claims means the Release of Claims in substantially the same form attached hereto as Exhibit A (as the same may be revised from time to time by the Company upon the advice of counsel).

  • Extraordinary Services and "Extraordinary Expenses" means all services rendered and all expenses (including fees and expenses of Counsel) incurred under the Indenture and the Tax Agreement other than Ordinary Services and Ordinary Expenses.

  • Involuntary Termination of Employment means the Termination of Service by the Company or Subsidiary other than a termination for Cause, or termination of employment by a Participant Employee for Good Reason.

  • Child with a disability means a child who, by reason of any of the following, needs special education and related services:

  • Solicitation Amendment (or Addendum means a written document that is authorized by the Procurement Officer and issued for the purpose of making changes to the Solicitation.