Effective cash control is crucial for businesses of all sizes, as it helps prevent theft, fraud, and errors while maintaining financial health. The Fast Company Executive Board is a private, fee-based ...

Internal controls are necessary to prevent mishandling of funds, safeguard against loss and protect employees from inappropriate charges by defining responsibilities in the cash handling process. The ...

It is the responsibility of all cash handling departments to have a Cash Handling Plan (CHP) on file with URCO. This CHP assists both URCO and cash handling areas to recognize weaknesses and identify ...

Strong internal controls are critical for helping to reduce the risk a business will fall victim to workplace fraud, waste and abuse. Internal control weaknesses expose a business to any number of ...

Money drops are, for many small businesses, a component in everyday cash handling internal control procedures. Although more common in businesses such as retail and service operations, restaurants and ...

KAILUA-KONA, Hawaii (AP) — An audit has found the cash handling controls of the Big Island’s Mass Transit Agency to be inadequate and ineffective, leaving the auditors unable to determine if money had ...

Everyone in the UB community has the responsibility to safeguard cash and cash equivalents. This policy provides guidance for the administration of and internal controls over university cash handling ...

CLEVELAND, Ohio – Cuyahoga County’s inspector general has recommended stricter procedures be implemented after finding that sloppy money-handling practices in the county Treasurer’s Office opened the ...

GÖTEBORG, Sweden--(BUSINESS WIRE)--Regulatory News: The Gunnebo Security Group (STO:GUNN) has received an order from the Dutch CIT company, RCCS, to equip its new cash-in-transit facility with cash ...

The following is a list of internal control techniques departments must employ when handling cash. Continuously assess internal controls over cash and take appropriate action to remediate any concerns ...