X hits on this document

Powerpoint document

CHAPTER 18 AUDITING INVESTMENTS AND CASH BALANCES Spring 2007 - page 11 / 26

63 views

0 shares

0 downloads

0 comments

11 / 26

Authorize Investment Transaction

Purchases in accordance w/ mgmt authorization

Sales in accordance w/ mgmt authorization

Receive or deliver securities

Securities held by broker or physically secure location

Periodic income subject to cash receipts controls

Record transactions

Appropriate supporting documentation and segregation of duties

Mkt adjustments periodically analyzed and adjusted

Investments: Understand Internal Controls

Document info
Document views63
Page views63
Page last viewedFri Dec 09 12:06:48 UTC 2016
Pages26
Paragraphs295
Words1305

Comments