Companies generate cash from a variety of sources. In addition, some companies may utilize a petty cash fund to keep small amounts of cash on hand to use for minor, miscellaneous purchases. Whether or ...

An audit released Thursday by the state’s Office of Legislative Audits criticized the Office of the Attorney General for a lack of controls to ensure that cash receipts were properly accounted for and ...

An audit is a detailed scrutiny, analysis and verification of the accounting records, transactions and transaction documents of a business or an organization. The audit process involves the physical ...

Departments may receive payments in cash, checks and via wire transfer, and upon approval, via credit, charge and debit cards. Procedures for collecting and processing cash receipts are outlined in ...

PATERSON – An audit report warns about “a possible misappropriation of funds” involving the same city government office that has been targeted in past complaints about missing money lodged by a ...

Financial audits get a bad rap. While certainly meticulous and often stressful, an audit shouldn't invoke absolute angst or dread in corporate finance teams. With the right preparation and mindset, ...

East Williston officials lacked procedures to ensure proper collection of cash receipts, according to an audit by the state comptroller’s office released this week. The report, which covered the ...

The Village of Old Brookville failed to deposit cash receipts in a timely manner and did not have oversight procedures in place for deposits, an audit by the state comptroller’s office has found. “The ...

Internal Audit identifies all auditable activities and relevant risk factors, and assesses their significance through an annual risk assessment, utilizing the Committee of Sponsoring Organization's ...