Adequate segregation of duties is an important consideration in determining if a company’s control activities are effective in achieving the objectives of internal control. A fundamental element of internal control is the segregation of certain key duties. The basic idea underlying segregation of duties is that no employee or group should be in a position both to perpetrate and to conceal errors or fraud in the normal course of their duties.

Use the project overview, remediation road map and rollout plans included in this audit report sample to enhance your segregation of duties review process.