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Accounting Records Management Training

Accounting Records Management Training

Records management reinforces financial management controls and supports accountability. The ability to establish who did what, when, why and how is a powerful means of deterring individuals from engaging in fraud or corruption, thus enforcing accountability. Well-managed records provide an unbiased account of responsibility and liability. Authentic, reliable records provide an unambiguous link between the authorization to carry out a transaction, the particular individual concerned and the date. Thus, records can identify abuse, misuse and non-compliance with financial instructions.