Maker-checker (or Maker and Checker or 4-Eyes) is one of the central principles of

authorization Authorization or authorisation (see American and British English spelling differences#-ise, -ize (-isation, -ization), spelling differences), in information security, computer security and identity management, IAM (Identity and Access Managemen ...

in the

information system An information system (IS) is a formal, sociotechnical, organizational system designed to collect, process, Information Processing and Management, store, and information distribution, distribute information. From a sociotechnical perspective, info ...

s of financial organizations. The principle of maker and checker means that for each transaction, there must be at least two individuals necessary for its completion. While one individual may create a transaction, the other individual should be involved in confirmation/authorization of the same. The segregation of duties plays an important role. In this way, strict control is kept over system software and data, keeping in mind functional division of labor between all classes of employees.

References

* Accounting {{accounting-stub