PPT-Internal Control and Cash

Chapter 7 Copyright 2014 Pearson Education Inc Publishing as Prentice Hall 7 1 Learning Objectives Define internal control and describe the components of internal control and control procedures. C. P. Mansoor Ahmed . M. Com PGDBA. 1. Internal Control. 2. Size – Operation. “Internal Control is best regarded as the whole system of controls, financial and otherwise, established by the management in the conduct of a business including internal check, internal audit and other forms of control.”. Pre-Audit Presentation. Objectives of Presentation. Provide a basic understanding of internal audit. Provide a basic awareness of the principles of internal controls so:. You have an understanding of what we’re looking for as we conduct the audit. Manager Training. Internal Control Officer: Kevin C Wilcox. Assistant Controller for Financial Controls: . Jonathan St Clair. Internal . Control Coordinator: Weisu Fudge. NOTE: This PowerPoint presentation is designed for the slides to advance automatically. However, you may still right click with your mouse and click on next or previous if you find it necessary to advance or repeat a slide. . Developing Ironclad Internal Controls. MPPOA Annual Fall Conference. October 26, 2015. Presented By:. Joshua Sullivan, CPA &. Chad Biggar, CPA. Learning Objectives. At the end of the presentation you will be able to:. Daniel Adams. Inst. Audit & Advisory Services. About IAAS. Evaluate (internal) control processes. Monitor:. Compliance with policies, procedures laws and regulations. Means of safeguarding assets. Page . 1. Going . Green. Session Objective. To discuss GAO’s revision to the . Standards for Internal Control in the Federal Government . (Green Book). Page . 2. What’s in Green Book for . the Federal Government?. PowerPoint Authors:. . Brandy Mackintosh. Lindsay . Heiser. Learning Objective 6-1. Distinguish among service, merchandising, and manufacturing. operations.. Operating Cycles. Operating Cycles. Sell. Cash Handling Cash Handling Policies and Procedures Cash Currency , coin, checks, money orders, travelers checks, credit cards, or debit cards. Cash Collection Centers Notify Controller if your department begins handling cash. Departments should not accept payments by currency without prior approval of the Controller’s Office. Larry Brownfield, CPO, OHE – KOA, Inc. Cash Management Course Objectives Identify procedures to help reduce your risk related to cash management . 2. Describe why separation of duties is important with cash management. eCarsCash
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+1 718-393-5597 December 2011. Internal Control-Integrated Framework. First published in 1992. Gained wide acceptance following financial control failures of early 2000’s. Most widely used framework in the US. Also widely used around the world. Internal Control Officer: . Jonathan St. Clair. Internal Control Coordinator: . Weisu Fudge. December 2020. http://www.albany.edu/internalcontrol. 1. Why Internal Controls?. It Is The LAW!. The NYS Governmental Accountability, Audit and Internal Control Act of 1987 require all state agencies, including SUNY campuses to institute an Internal Control Program. A Suggested Approach for Companies. Overview. This presentation describes:. Financial statement risks. Reasons for identifying risks. Examples and sources of risks. Internal control components, control objectives, and key controls. Chapter 10. Learning Objective 1. Contrast management’s need for. internal control with the auditor’s. need to consider internal control. when designing an audit.. Inherent. Limitations. Reasonable.