Using the below salient points,you can draw up an audit checklist and or a statement of policy for your Company’s Bank and Cash.
General
Polices and procedures for cash handling and banking controls should be clearly documented and communicated. The amount of cash kept at the office premise should be within insurance [...]

FCCA,CA(MIA)with more than 26 years of post-qualifying working experiences. Previous working stints with one of the big accounting four,Regional GFC & Group Treasurer in a group of Malaysian and Group CFO in Singapore public listed concern.Also author to another very popular free educational accounting cum finance blog:http://basiccollegeaccounting.com under the branding of College Accounting Coach.
Recent Comments