At LGO, the segregation of duties in Assets Custody Transition involves different individuals handling various aspects of the reconciliation process:

1. Initiation of Transaction:
   1. Responsible party: Initiator
   2. Role: Identifies the need for the transaction and initiates the process of asset transfer or acquisition.
   3. Authorization of Transaction:
2. Responsible party: Authorizer
3. Role: Reviews and approves the transaction to ensure it is in line with organizational policies.

III. Recording of Transaction:

1. Responsible party: Recorder
2. Role: Documents the transaction in the accounting records accurately on time.
3. Safeguarding of Assets:
4. Responsible party: Custodian
5. Role: Physically safeguards the assets to prevent loss, damage, or unauthorized use.