This preview shows page 1. Sign up to view the full content.
Unformatted text preview: the company. There should have been an agreement between the stock exchange broker and the bank. Cash should be counted daily and logged. There should be more than one person who verifies this and it should not be the same people every day. 3. Auditors should have demanded the count that day. The internal auditors should have had access to the safe. Auditors should have questioned the staff better. Also the customer who wanted the money should have been questioned and the story should have been checked out....
View Full Document
This note was uploaded on 05/23/2011 for the course ACCT 842 taught by Professor Shekib during the Spring '11 term at Governors State University.
- Spring '11