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Tag Archives: cash reconciliation
What Happens When Cash Isn’t Reconciled
As auditors, we are often asked what we consider to be the most important internal control in an organization. While many different internal controls are important, one at the top of the list would most certainly be cash reconciliations. Reconciliations … read more
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Tagged accounting, Arizona, cash reconciliation, government, Jill Shaw, nonprofit, NPO, school district
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The Time is Now for Cleaning Up Cash Reconciliations
In a recent blog article, Sara Kirk discussed a number of points highlighting the importance of ensuring a district reconciles its records of cash to the county treasurer, a subject that happens to be near and dear to my heart. … read more
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Tagged accounting, Arizona, audit, cash reconciliation, financial statements, internal controls, Jennifer Shields, school district, USFR
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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
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Tagged accounting, Arizona, bank reconciliations, cash reconciliation, county treasurer, Sara Kirk, school district
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