Work Romances

Other resources such as information, source records and accounting records be the report to achieving transp arncy and accountability of government operations, and should be preserved. however they ar too in danger of being stolen, misuse or destroy Sensitive information stored on electronic computer media can be destroyed or copied, distributed and abused, if tuition is non get wordn to protect it. Competent, trustworthy personnel are internal to provide efficacious control. Therefore, the methods by which persons are hired, trained, evaluated, compensated, and promoted, are an material part of the control environment. Hiring and staffing decisions should therefore include assurance that individuals come up to the integrity and the proper education and experience to carry eject their jobs and that the necessary formal, on-the-job, and ethics training is provided. Managers and employees who have a close understanding of cozy control and are will ing to take responsibility, are vital to effective internal control 1. allowance and approval procedures Authorizing and executing trans subprogramions and events are only through by persons acting within the cranial orbit of their authority. dictum is the principal means of ensuring that only valid transactions and events are initiated as intended by oversight.

Authorization procedures, which should be document and clearly communicated to managers and employees, should include the specific conditions and terms under which authorizations are to be made. Conforming to the terms of an authorization means that em ployees act in accordance with directives a! nd within the limitations established by management or legislation. 2. Segregation of duties (authorizing, processing, recording, reviewing) To reduce the try of error, waste, or outlawed acts and the risk of not detecting such problems, no angiotensin converting enzyme individual or team should control all name stages of a transaction or event. Rather, duties and responsibilities should be...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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