u/Due-Temperature-6376

▲ 3 r/CPA

Is Signing Checks Authorization or Custody?

I am a little bit confused when doing some segregation of duties problems. I understand the ARC nemonic and when two of them are present, it violates segregation of duties.

I am confused because I have seen some information say signing checks is authorization but other sources say its custody so I am not sure which it is.

Its also difficult for me to understand when certain responsibilities or tasks relate to authorization, recording, or custody.

I would appreciate any help.

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