Internal Controls in Everyday Business: Segregation of Duties, Approvals, Access and Reconciliations

Real cases where missing segregation of duties allowed teeming and lading and fake purchase requisitions. Physical safeguards such as locks and CCTV. Policies and procedures as the internal benchmark, and why a control is always a step inside a process. Delegation of authority and approval limits, passwords, user rights and access logs, the maker-checker principle, bank and party reconciliations, third-party confirmations and supervision, with day-to-day examples from audits.

20 min video · Module: Module 4: Internal Controls · ₹99 / $0.99 · 2 views within 7 days

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Period-End Close Control Tracker (Excel) (Checklists, XLSX)
Employee Spend Policy: Corporate Cards, Reimbursements and Cash Floats (Policies, DOCX)
Accounting and Finance Operations: Risk and Control Matrix (Excel) (Risk Control Matrix, XLSX)
Administrative Expenses and Office Services: Risk and Control Matrix (Excel) (Risk Control Matrix, XLSX)
Cash and Treasury: Risk and Control Matrix (Excel) (Risk Control Matrix, XLSX)
Contract Labour Management: Risk and Control Matrix (Excel) (Risk Control Matrix, XLSX)
Inbound Logistics (Receiving and Stores): Risk and Control Matrix (Excel) (Risk Control Matrix, XLSX)
Payroll Processing: Risk and Control Matrix (Excel) (Risk Control Matrix, XLSX)
Regional Office Administration and Accounts: Risk and Control Matrix (Excel) (Risk Control Matrix, XLSX)

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