Duality

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

• Double entry
• Double taxation
• Four eyes
• Governance
• Risk management
• Segregation of duties