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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.

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.