Separate responsibilities.

Segregation of tasks is the cornerstone of an effective

internal control system. The idea behind the division of tasks is that instead of one
person acting alone, a group of people would have to work together to steal money.
Examine the list of approved signers. Consider who your authorized signors are before
proceeding with the transaction. That personnel should not have access to the asset's
blank check stock or the capacity to enter the operation into the accounting system for
recording purposes. Make dual signatures a requirement. Dual signatures may also be
used as an additional internal control for cash disbursements in your firm. Keep in mind
the wire transfers. Wire transfers have grown in popularity over the years, and it's critical
to keep wire transfers separate from other tasks. The obligation for setting up a wire
transfer should be separated from the responsibility for releasing it. Reconcile bank
accounts as soon as possible. Someone who is not involved in the cash disbursement
process should conduct the bank reconciliation in a timely way. For odd transactions,
the bank reconciliation should also involve a review of the bank statement and the
check pictures returned with the bank statement. Any odd objects should be looked into
and examined as needed.

https://www.kmco.com/resource-center/article/looking-forward/5-important-internal-
controls-for-cash-disbursements/