Unique Cash Audit Report

Director of Finance Head of Finance.

Cash audit report. This will provide an audit trail of the funds received and support the recording of the transaction into the University records. Download this form to assist with the cash count audit process and to document audit results. The custodian cashes the check and places the cash in the secure petty cash box.

Audit Scope and Methodology The scope of this audit was primarily focused on cash management and short term investment activities of the Treasury division within the Depaliment of Finance. This audit was conducted under the authority of Resolution 2013-51 and in accordance with the Annual Audit Plan approved by the City Council in Resolution 2014-27. Based on the audit work performed any deficiencies in internal control that are significant.

INTRODUCTION 11 Background Petty cash floats are set up to enable employees to pay for minor items of expenditure without having to complete an official order. My customary audit tests are as follows. There are 103 identified petty cash floats allocated to individual float holders within the.

This audit primarily examined the policies procedures and practices being used in those. Sessions on cash handling and reporting procedures conducted by the Finance DepartmentTreasuryCash Management Section A similar finding was noted in Internal Audit Reports 95-06 and 98-02. The purpose of this review was to provide senior management with an assurance about the adequacy and effectiveness of.

Vouch reconciling items to the subsequent months bank statement. The purpose of this audit was to follow-up the Audit report dated October 2 2014 concerning a review of internal controls over the Citys cashcollection sites. Management provided their responses to Internal Audit in November 2011.

Cash balances on the balance sheet really exist at the reporting date. We also reviewed cash receipt processing. Review the effectiveness and reliability of the Treasury Departments forecasting models.