Implementing Cloud Financials: From Empty Pod to Go-Live · Module 2 · Security and User Provisioning
Segregation of duties
Lesson 18 of 153 · 1 min
No single person should be able to both create and approve the movement of money. That is segregation of duties, and it is why auditors care about it. Four conflicts, stated concretely. Create supplier, enter invoice, release payment. Enter journal and post journal, in a small team. Create customer, apply receipt, write off receivable. Manage bank account and release payment. Then the small-team problem, which is where this gets real: many clients genuinely do not have enough staff to separate these. The answer is not to pretend. It is a compensating control — after-the-fact review, exception reporting, dual approval above a threshold. The application helps: SoD analysis in the security tooling, approval workflow, and thresholds. Run the conflict analysis before go-live, not after the audit. Put the output in front of the CFO and have them accept or mitigate each conflict in writing. That last phrase is the deliverable. A…
The full lesson is part of the course
The video, the complete written lesson and the module quiz are included in Implementing Cloud Financials: From Empty Pod to Go-Live, with a certificate on completion and a fourteen-day refund window.