Webinar on Segregation of Duties. SOD can be focused on leveraging a practical risk assessment while considering cost vs. benefit factors.

1. Critical Components of Segregation of
Duties for Corporate Processes and
Information Technology
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2. Instructor Profile:
Ms. Fountain has over 30 years of experience in business profession including,
public and industry accounting, leadership, compliance, governance and
internal/external audit. Her career has included serving in the capacity of Chief
Audit Executive for two international companies. In addition, she has successfully
executed her own consulting practice for over six years.
Her initiatives in Internal Audit and Enterprise Risk Management have been
highlighted in various professional publications. Ms. Fountain is a subject matter
expert in areas of internal audit, risk management, governance, fraud and
compliance. Ms. Fountain is a highly recruited international trainer and speaker for
multiple conference groups and the Institute of Internal Auditors. She currently
hosts two e-workshop series for the IIA on fraud and ethics. In addition, she is
currently contracted to complete a publication for the IIA Research foundation on
Fraud.
www.onlinecompliancepanel.com | 510-857-5896 | customersupport@onlinecompliancepanel.com

3. Description:
A fundamental element of internal control is the segregation of certain key
duties (SOD). The underlying idea is that no employee or group of employees
should be in a position both to perpetrate and to conceal errors or fraud in the
normal course of their duties. The principal duties typically outlined as
incompatible and should be segregated are:
• Custody of assets.
• Authorization or approval of related transactions affecting those assets.
• Recording or reporting of related transactions.
• Traditional internal control relies on assigning certain responsibilities to different
individuals or segregating incompatible functions. This is to prevent one person
from having both access to assets and responsibility for maintaining the
accountability of those assets.
www.onlinecompliancepanel.com | 510-857-5896 | customersupport@onlinecompliancepanel.com

4. Why Should you Attend:
Organizations need to focus on the true purpose of SOD - proper internal control and
mitigation of possibilities of occupational fraud. SOD can be simplified by staying focused on this
purpose and leveraging a practical risk assessment while considering cost vs. benefit factors.
Smaller companies often have significant difficulty with SOD assignments because of their
limited resources. As such, reliance must often be placed on monitoring process.
www.onlinecompliancepanel.com | 510-857-5896 | customersupport@onlinecompliancepanel.com

5. Objectives of the Presentation:
• Understanding basic SOD principles and the critical
components
• Critical SOD for specific processes and IT areas
• Evaluating the "right fit" of SOD for your organization
• Utilizing a fraud risk assessment approach to evaluate
SOD needs
• SOD responsibilities critical in information technology
• The utilization of monitoring and other techniques
when SOD cost exceeds benefit.
www.onlinecompliancepanel.com | 510-857-5896 | customersupport@onlinecompliancepanel.com

6. Who can Benefit:
• CEO/CFO
• Board Members
• Internal Auditors
• Compliance Professionals
• Operational professionals
• Finance Professionals
www.onlinecompliancepanel.com | 510-857-5896 | customersupport@onlinecompliancepanel.com

7. Live Session - How it works
• Username and Password will be sent
to you 24 hours prior to the webinar
• Presentation handouts in pdf formate
will be mailed to you
• Login to the session using the
username and password provided to
you
• Get answer to your queries through
interactive Q&A sessions via chat
• Please let us know your thoughts and
views at the end of webinar, your
valuable feedback will help us
improve
• Get certification of attendance.
Recorded Session - How it
works
• A link will be provided to you upon
purchase of the recorded session
• Please click on the link to access the
session
• Presentation handouts in pdf formate
will be mailed to you
• Get certification of attendance.
www.onlinecompliancepanel.com | 510-857-5896 | customersupport@onlinecompliancepanel.com

8. Get Connected :
www.onlinecompliancepanel.com
www.onlinecompliancepanel.com | 510-857-5896 | customersupport@onlinecompliancepanel.com