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. Investing activities concern with buying and selling property plants and equipment PPE acquiring and disposing of securities of other entities Financing activities include issuance and reacquisition of a firms debt and capital stock and dividend pay Corporate Finance: MBAC 6060. Professor Jaime Zender. SCF Basics. SCF is a summary of a company’s transactions for a given period that effect the cash account.. This statement provides information about the firm’s ability to generate cash and the effectiveness of its cash management. Where is cash coming from and going?. We have many properties in Englewood, Colorado. It’s a unique community that actually started out as a temporary camp for gold panning in the South Platte River. William Green Russel and 12 other miners found more gold at this camp than in all of their previous prospecting. 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. 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). 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 . WASBO Accounting Conference. March, 2016. Handling Cash. Cash may be the most vulnerable asset in your LEA. How do you safeguard your cash?. Timely reconciliation of your bank account provides a control mechanism to help protect your cash. In the world of real estate, Cash Out Refinance is a term used to indicate exchanging your home value for cash, without having to sell it. This means that you will be replacing an existing mortgage with a new one.Visit:https://refinancemortgageguru.com/ 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. 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 . Are you considering selling your house for cash? You are probably familiar with the numerous stumbling blocks associated with a property sale, and as you endeavor to bypass them, considering a cash sale wins. Visit: http://www.house4cashgroup.com/ The Benefits of Reading Books