PPT-Cash controls

at OSU What is CASH Currency coin and cash equivalents Checks Travelers checks Cashiers checks Credit card records EFTs ACH and wire transfers Items of cash value ticket gift cardscertificates. What is the N9G Tool Box?. The N9G tool box provides the field with helpful information on wide range of subjects.. The tool box provides information to CNIC Regions & Installations; keeping them “audit-ready” at all times.. Chapter 12. 12-. 1. Learning Objectives. Describe the basic business activities and related information processing operations performed in the revenue cycle.. Discuss the key decisions that need to be made in the revenue cycle, and identify the information needed to make those decisions.. Internal Controls. Chapter 4 . Learning Objectives. Discuss the impact of accounting scandals and the passage of the Sarbanes-Oxley Act. Identify the components, responsibilities, and limitations of internal control. Cash. Cash represents currency on hand and cash on deposit in bank accounts including certificates of deposit, time deposits, and savings accounts.. Virtually all accounting transactions pass through the cash account at some point.. at OSU. What is “CASH”?. Currency, coin, and cash equivalents:. Checks. . Traveler’s checks. . Cashier’s checks. . Credit card records. . EFTs: ACH and wire transfers. . Items of cash value: ticket, gift cards/certificates. 7. Learning Objectives. Discuss fraud and the principles . of internal . control.. Apply internal control . principles to . cash.. Identify the control features of . a bank . account.. 3. Explain the reporting of cash.. January 25, 2016. Johnson Controls and Tyco. NO OFFER OR . SOLICITATION. This communication is not intended to and does not constitute an offer to sell or the solicitation of an offer to subscribe for or buy or an invitation to purchase or subscribe for any securities or the solicitation of any vote or approval in any jurisdiction, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in contravention of applicable law. Chapter 5. Learning Objectives. After studying this chapter, you should be able to:. Describe the Sarbanes-Oxley Act and its impact on internal controls and financial reporting. Describe and illustrate the objectives and elements of internal control. PRESENTED BY. PAUL E. GLICK. GLICK CONSULTING GROUP. EMAIL pglick@mindspring.com. A SURVEY OF FOLKS REGARDING FRAUD. 31% of All Americans are Dishonest. Another 40% are Situationally Honest (i.e., they will be honest if it pays to be honest and dishonest if it pays to be dishonest). Currency, coin, and cash equivalents:. Checks. . Traveler’s checks. . Cashier’s checks. . Credit card records. . EFTs: ACH and wire transfers. . Items of cash value: ticket, gift cards/certificates. Lindsey McGuire, CPA. Brown Armstrong Accountancy Corporation. Understanding the nature and characteristics of fraud . Apply the knowledge on an entity level. Evaluate the risk under existing system and controls . Cash Reconciliations ~ Related Internal Controls & tracking debits & credits throughout the month Montana Clerks, Treasurers & Finance Officers Institute ~ May 2014 Darla Erickson, Local Government Services Bureau Lindsey McGuire, CPA. Brown Armstrong Accountancy Corporation. Understanding the nature and characteristics of fraud . Apply the knowledge on an entity level. Evaluate the risk under existing system and controls . Mark Silins. TCOP Advisor. Content. Objective of Cash Management and Forecasting. Objective of Cash and Appropriation Control. Characteristics of the Two Activities. Convergence of the Two Activities.