Internal Audit Report - Bank Reconciliation

Management SummaryIntroductionThis audit was carried as a part of the 2001 – 2002 Internal Audit Plan; the last auditof the Bank Reconciliation system was carried out in March 2001.ObjectivesThe purpose of the audit work was to ensure that control systems adequately meetthe objectives set out below, as agreed with Service Management.1. Council Bank accounts are reconciled accurately and on a timely basis.2. Bank Reconciliation procedures are clearly defined and documented.3. Performance Indicators report satisfactorily the performance of the service.59