dentify the other control procedures usually found in a company's system of internal control besides separation of duties, and tell why each is important. Identify the other control procedures usually found in a company's system of internal control besides separation of duties, and tell why each is important. Control Procedure Why is it important? Allows for cross-checking by other people and departments. Allows the company to provide an audit trail later for internal or external auditors. Auditors can monitor a company's actions and its financial statements. Each company must evaluate its own risks, based upon its particular line of business. Every important duty must be staffed by a competent and honest person. No transaction should be processed without management's general or specific approval. Only authorized individuals are allowed access to the assets and records of the company. Top managers control the workload of employees. Top managers distribute information to customers and employees. Top managers must set the "tone at the top" to establish a control environment