Effective cash control is crucial for businesses of all sizes, as it helps prevent theft, fraud, and errors while maintaining financial health. The Fast Company Executive Board is a private, fee-based ...
The following is a list of internal control techniques departments must employ when handling cash. Continuously assess internal controls over cash and take appropriate action to remediate any concerns ...
In this guideline, cash is defined as currency, checks and credit cards unless otherwise specified. The proper handling of cash is a necessary control function. Supervisory personnel must monitor ...
Any department (i.e., an area of the University that does not relate to the Bursar or auxiliary unit) or student organization that wishes to accept payment must consult our office prior to receiving ...