Segregation of Duties Testing | Online Banking | OH | KY | IN

Ensuring Job Functions are Segregated

It’s estimated that workplace theft costs U.S. businesses $50 billion a year. No one wants to think about an employee stealing from their organization. After all, we trust them with our data, capital, and IP. But that staggering annual figure means internal theft can happen – and is happening – to virtually all types of organizations.

We aren’t saying you should stop trusting your employees. But, we do suggest putting some controls in place to protect your operations.

One control you can use to lower the odds of workplace theft is ensuring job duties are well segregated. Segregation of duties often gets murky when you’ve changed staff, made upgrades to software, or started using different technology. When these types of changes happen, the original segregation deteriorates without anyone really realizing it.

Our simple segregation of duties test can bring you peace of mind.

Barnes Dennig can take a look at your business process, match the process with the job description, and ensure that software settings only allow employees to complete the tasks necessary to perform their jobs. We’ll test a wide variety of internal controls including things like:

  • Control activities
  • Separate authorization, recordkeeping, and custody of related assets
  • Online banking

We’ll let you know if your processes performed as expected and provide recommendations for potential improvement where appropriate

We’ve developed and tested internal controls and IT controls for hundreds of businesses and non-profit organizations – so we know what’ll work to keep you protected.

See how we can help you continue to trust your employees while putting some simple protections in place. If you’re concerned that fraud might’ve already occurred, our fraud and forensic services team can investigate to alleviate your fears.

Barnes Dennig is a 2019-2022 Best of Accounting Firm
IPA Top 200 Firms

Barnes Dennig has always provided excellent service and outstanding work.

— Barnes Dennig Client, 2022

I feel that Barnes Dennig’s knowledgeable folks are attentive to our needs and provide solid guidance. We’re happy we made the switch.

— Brandon P., President

An extremely well-run firm that cares for its clients and does accurate and timely work at a reasonable price.

— Barnes Dennig Client, 2022

Protect your business against fraud

conduct segregation of duties testing with one of our pros.