- Documenting Board Approval for Payroll Contracts
- Travel Reimbursements – Tips for Uncommon Scenarios
- Why Segregation of Duties Matters in an IT Environment
- Don’t Hold Your Breath: Why Water and Wastewater Rates in Arizona Aren’t Falling Anytime Soon
- Do Your Due Diligence!
- What Happens When Cash Isn’t Reconciled
- Adjacent Ways Projects: Capitalize or Expense?
- Excel Made Easy – VLOOKUP and XLOOKUP
- Physical Inventory Considerations
- I Submitted a December Budget Revision, Now What?
Tag Archives: bank reconciliations
Reconciling Cash to the County Treasurer – What a School District Needs to Know
Reconciliations are an essential internal control tool for numerous reasons. Internal control functions of a reconciliation include the identification of accounting and bank errors and to assist with preventing and detecting fraud by providing an independent review of the transactions … read more
Posted in Articles
Tagged accounting, Arizona, bank reconciliations, cash reconciliation, county treasurer, Sara Kirk, school district
Comments Off on Reconciling Cash to the County Treasurer – What a School District Needs to Know
What to Look Out for when Reviewing Bank Reconciliations
The bank statement reconciliation process is one, if not the most critical, of an organization’s internal controls. To ensure appropriate segregation of duties, it is important that bank statements and reconciliations are reviewed by someone other than the preparer, especially … read more
Posted in Articles
Tagged 501c3, accounting, audit, bank reconciliations, government, internal audit, internal controls, nonprofit, NPO, review, segregation of duties
Comments Off on What to Look Out for when Reviewing Bank Reconciliations