Unannounced Audit of Petty Cash and Change Funds, July 2018

Unannounced Audit of Petty Cash and Change Funds, July 2018 1
Contents 2
Audit Services 2
Executive Summary 3
Background and Objectives 4
Background 4
Objectives, Scope and Methodology 5
Opportunities for Improvement and Management Responses 6
1. Segregation of Duties Requirement 7
2. Certificate and Receipt of Imprest Funds 8
3. Check Endorsement and Daily Deposit 10
4. Usage of Sealed Deposit Bags for Daily Receipts 11
5. Purpose of Change Fund 12
Appendix A: Segregation of Duties 13

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