Separation of duties refers to auditors not being allowed to perform both audit and nonaudit services for the same client.Separation of duties is where individuals who have physical responsibility for assets should not also have access to accounting records.

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Separation of duties is a key concept in internal control that aims to prevent fraud and errors by ensuring that no single individual has control over all aspects of a financial transaction. It does not specifically refer to auditors not performing both audit and non-audit services, although that concept is related to maintaining auditor independence and objectivity.

Separation of Duties Refers to Auditors Not Being Allowed to Perform