Duality: Difference between revisions

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The organisational principle that any process capable of generating a significant impact or loss should be subject to independent review.
1. ''Bookkeeping and accounting''.
 
In bookkeeping and accounting, duality reflects the double entry principle that all transactions are recorded by making entries in two accounts.
 
 
2. ''Risk management and governance''.
 
In risk management and governance, duality is the organisational principle that any process capable of generating a significant impact or loss should be subject to independent review.




== See also ==
== See also ==
* [[Double entry]]
* [[Double entry bookkeeping]]
* [[Double taxation]]
* [[Double taxation]]
* [[Four eyes]]
* [[Governance]]
* [[Risk management]]
* [[Segregation of duties]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:Manage_risks]]

Latest revision as of 05:33, 20 July 2022

1. Bookkeeping and accounting.

In bookkeeping and accounting, duality reflects the double entry principle that all transactions are recorded by making entries in two accounts.


2. Risk management and governance.

In risk management and governance, duality is the organisational principle that any process capable of generating a significant impact or loss should be subject to independent review.


See also