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What are the components of cash audit

Accounting

What are the components of cash audit

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Following are the components of cash audit;

  • Corporal  confirmation of cash
  • Demand draft received.
  • Bank reconciliation checking.
  • Cash payment authorization
  • Cash receipt with cash book survey.
  • Cash book balance and posting survey.
  • Parties direct deposit to bank survey.
  • Cash withdrawal entries with Bank statements and entries survey in cash book.
  • Cash payment voucher survey.

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