[Verse 1] In the world of finance where the numbers flow There's a golden rule that you need to know One person alone should never hold the keys To authorize, record, and custody When Sarah can approve and write the check too And lock up the cash when her work is through That's a recipe for risk we can't ignore Three duties split keeps fraud from your door [Chorus] Segregation of duties, keep them apart Authorize, record, custody - three separate hearts When one person does it all, that's where danger lies Split the power, share control, that's how trust survives A-R-C, remember the three Never let them meet in one employee Segregation of duties, it's the foundational way To keep your business safe another day [Verse 2] But small business owners know the truth so well You can't always split when you've got just a few Your bookkeeper handles both the books and payments That's where compensating controls break through Owner reviews every check above a limit Monthly bank statements straight to your hands HR runs payroll but you approve the final These backup measures help you take a stand [Chorus] Segregation of duties, keep them apart Authorize, record, custody - three separate hearts When one person does it all, that's where danger lies Split the power, share control, that's how trust survives A-R-C, remember the three Never let them meet in one employee Segregation of duties, it's the foundational way To keep your business safe another day [Bridge] In the digital age with role-based access Configure your workflows to create the gaps Set approval thresholds, require second login Technology helps where staff size limits From accounts receivable to cash deposits From purchase orders to expense reports Every transaction needs its checks and measures Internal controls are business treasures [Chorus] Segregation of duties, keep them apart Authorize, record, custody - three separate hearts When gaps appear, compensating controls Fill the spaces, protect your goals A-R-C, remember the three Foundation stone of financial security Segregation of duties, it's the proven way To build strong controls that are here to stay [Outro] Three duties separate, or compensate the risk That's the lesson you don't want to miss Segregation of duties, your financial guard Making fraud prevention less than hard
← 1 The Classic Bookkeeper Schemes | 2 Dual Control & Authorization Thresholds →