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Sample Audit Program - : General Items
Sample Audit Program - : General Items
_________
GENERAL ITEMS
1.
2.
Review
? If not, what were the reasons?
3.
4.
6.
CASH
1.
Discuss and document with the field treasurer the procedures for the
receiving and disbursement of cash.
a) sources of cash (funds)
b) frequency of deposits
c) who makes the deposits
d) the level of cash received
e) the nature of documentation of expenditures (invoices, check
requests, agreements)
f) authorization procedures
2.
Determine whether the level of cash held in the field and in the office
is appropriate.
3.
performed the
counts and
reconcile
these counts
against the
petty cash
voucher?
4.
Discuss with field treasurer the nature, purpose, and term of amounts
due from others. (There is an expectation that the mission complies
with cash base accounting standards).
2.
3.
4.
5.
6.
2.
3.
4.
5.
5.
7.
ACCOUNTS PAYABLE
1.
2.
REVENUES
1.
2.
Independently confirm with the Home Office and other funding sources
(the amount and date of fund transfers). These amounts should
reconcile to what has been reported by the field.
3.
Large amounts
Payments to agency staff
Payments to
OPERATING PROCEDURES
1.
2.
3.
Review the mission's compliance with the host country's laws in regard
to
Country registration
4.
5.
6.
7.
How does the field determined the exchange rate used for the
annual budget if budgets are reported in local currency?
8.
What medical costs are still being incurred by the mission? How are
these being accounted for?
9.
10.
11.
Cost-of-Living Allowances
Does the field feel that ORC's current cost-of-living allowance
accurately reflects the economic conditions within the country?
12.
13.
What policies govern the cost for the annual spiritual retreat? What
is considered mission expense and what is personal?
What procedures and controls are used to ensure the funds are used
for the intended purposes?
Benevolence Policy
Are mission funds used to address the benevolent needs of the
community that the missionaries may face each day? If so, is there
a field policy?
14.
15.
Audit Planning
Are audits conducted routinely?
Does the field coordinate with the Home Office in its audit planning?
1.
2.
3.
4.
5.
Were field staff able to review a draft copy of the audit report before
the report was finalized? Score 1 (poor) to 7 (excellent).