Demoting an employee and potentially lowering their pay is a decision that has implications for both the employee and the employer. These implications can range from hurt feelings, all the way to a wrongful dismissal claim.
Sultan Lawyers
What is the impact of non-competition and non-solicitation provisions on a terminated employee’s notice period?
SpringLaw
Segregation of duties strengthens internal controls. Accounts payable or AP is one of the easiest channels for an organization to lose money if internal controls are weak. The AP department’s responsibility to monitor, process, and control payments to creditors is essential to avoiding improper payments. If there is no segregation of duties, internal controls are likely to be weak. If internal controls are weak, the risk of errors and improper payments increases.
Apolone Gentles, JD, CPA,CGA, FCCA, Bsc (Hons)