N.J. Admin. Code § 6A:23A-6.5

Current through Register Vol. 56, No. 8, April 15, 2024

Section 6A:23A-6.5 - Segregation of duties; organization structure

(a) All school districts and CVSDs shall evaluate business processes annually and allocate available resources appropriately in an effort to establish a strong control environment.

(b) The SBA shall identify processes that are a violation of sound segregation of duties when performed by the same individuals. The SBA shall segregate the duties of all such processes among business office staff based on available school district resources, assessed vulnerability, and the associated cost-benefit, except as required by (b)1 and 2 below.

1. The functions of human resources and payroll shall be segregated and completed by different employees in all school districts.

2. The functions of purchasing and accounts payable shall be segregated and completed by different employees in all school districts.

(c) School districts shall include in the Comprehensive Annual Financial Report (CAFR) detailed organizational charts for the central office that tie to the school districts' position control logs, including, but not limited to, the business, human resources, and information management functions.

N.J. Admin. Code § 6A:23A-6.5

Amended by 49 N.J.R. 1038(a), effective 5/1/2017