Audit and Assurance

Expand all | Collapse all

Access Control Review

  • 1.  Access Control Review

    Posted 17 Feb, 2020 02:33
    Good Morning Everyone,

    We are currently performing access control review on Microsoft Dynamics NAV. We want to implement segregation of duty in the finance department. What are the key areas in the finance department that segregation of duty should be implement on the Microsoft Dynamic NAV.

    All suggestions are appreciated.

    ------------------------------
    Latifat Ayodele
    Information System/Risk Auditor
    ------------------------------


  • 2.  RE: Access Control Review

    Posted 20 Feb, 2020 09:18
    The following activities can be segregated in finance department

    Task Group Description;

    AP Voucher Entry 1
    AP Payments 2
    Vendor (add/delete/change) 3
    Bank Reconciliation AP 4
    Supplier Master Maintenance 5
    Bank Reconciliation AR 6
    AR Cash Application 7
    AR Clear Customer Account 8
    Item Master Maintenance 9
    Service Master Maintenance 10
    Purchase Requisitioning 11
    Release Purchase Requisition 12
    Process Purchase Requisition 13
    Purchase Order Entry 14
    Purchasing Agreements 15
    Goods Receipt on PO 16
    Service Receipts Entry 17
    Physical Inventory 18
    Inventory Adjustments 19
    Sales Agreement/Contracts 20
    Ship Product 21
    Customer Master Maintenance 22
    Customer Master (Credit) 23
    Sales Invoicing 24
    Sales Invoice Release 25
    Sales Order Entry 26
    Sales Order Release 27
    Sales Pricing Maintenance 28
    Sales Rebates 29
    Open/Close General Ledger 30
    Post Journal Entries 31
    Approve Journal Entries 32
    Reconciliation of Sub-Ledgers to General Ledger 33
    Initiate Wire Transfers 34
    Approve Wire Transfers 35
    Approve Asset Acquisitions 36
    Record Fixed Assets into Fixed Asset System 37
    Fixed Asset Reconciliation 38
    Employee Master File (add/delete) 39
    Process Payroll 40
    Issue Payroll Checks (Manual or Electronic) 41
    Payroll Bank Reconciliations 42
    Maintain Security 43

    ------------------------------
    Vikram Raghuveer
    Manager-IT and internal audits
    ------------------------------



  • 3.  RE: Access Control Review

    Posted 24 Feb, 2020 09:35
    Vikram, Nice breakout.

    ------------------------------
    Brian Moore
    President, EWA - Government Systems, Inc.
    ------------------------------