The internal control principles, presented in the system are - 1) Segregation of duties 2) Documentation procedures
Work Step by Step
1) The check writer will only imprint the checks and hands over to Treasurer along with the approved invoice. The treasurer verifies the correctness and then signs the checks. 2) As per this control system, the check writer will receive the approved invoices and imprint the check. There will be a system to promptly forward source documents for accounting entries to the accounts department.