Posted By: whistler
Segregation of Duties concern - 04/22/09 03:40 PM
We are a small institution (less than $250m). We have one individual who does the majority of our bookkeeping/accounting function which includes entries to the general ledger and various balancing responsibilites. The same individual is also responsible for creating new customer's on our core banking system.
Potential problem, or not? How risky is this?
Personally, I don't believe this person should have access to maintenance customer accounts, but can't seem to link together a persuasive argument, other than simply stating fraud potential.
Potential problem, or not? How risky is this?
Personally, I don't believe this person should have access to maintenance customer accounts, but can't seem to link together a persuasive argument, other than simply stating fraud potential.