Client: __________________________________________ Audit Date: _________________

Client Personnel Interview: __________________________________________________________

________________________________________________________________________________
Auditor: ______________________________________ Date Completed: _________________
Reviewed by: _________________________________ Date Reviewed: __________________
Type of Testing: Compliance
Cycle: Revenue Class of Transactions: Cash Receipts
Executing Yes No NA Remarks
1. Are mail receipts opened by personnel independent of
Shipping, Billing, and Accounting?
2. Is a remittance list prepared for mail receipts?
3. Are checks endorsed restrictively immediately upon
opening the mail?
4. Are the cash registers used for over-the-counter receipts?
5. Are prelists and checks independently reconciled with
cash summaries?
6. Are cash collections deposited daily?
7. Are deposits and daily cash summaries independently
reconciled?
8. Are all employees who handle cash bonded adequately?

Recording Yes No NA Remarks

1. Are accounting personnel prohibited from handling cash?
2. Is there internal verification of the agreement of daily
cash summaries and cash receipts journal entries?
3. Is there separation of duties between the journalizing of
cash receipts transactions and posting to the customers’
ledger?

Custody Yes No NA Remarks

1. Is cash stored in safes or vaults prior to deposit?
2. Are periodic independent counts made of cash on hand?