《银行会计学》（英文版） Chapter F6 Accounting Systems, Internal Controls, and cash

Chapter F6 Power notes Accounting Systems, Internal Controls, and Cash Learning Objectives 1. Basic Accounting Systems 2. Internal Control C6 3. Controls over Cash 4. Internal Control of Cash Receipts 5. Internal Control of Cash Payments 6. Bank Accounts: A Cash Control 7. Bank Reconciliation 8. Petty Cash 9. Balance Sheet Cash Presentation 10. Financial Analysis and Interpretation c6-1

C6 - 1 Learning Objectives Power Notes 1. Basic Accounting Systems 2. Internal Control 3. Controls Over Cash 4. Internal Control of Cash Receipts 5. Internal Control of Cash Payments 6. Bank Accounts: A Cash Control 7. Bank Reconciliation 8. Petty Cash 9. Balance Sheet Cash Presentation 10. Financial Analysis and Interpretation Chapter F6 Accounting Systems, Internal Controls, and Cash C6

Chapter F6 Power notes Accounting Systems, Internal controls, and cash Slide if Power Note Topics 3. Internal Control framework 9 Cash Receipts and Controls 17. Cash Payments and Controls 23. Bank Reconciliation 27. Petty Cash Accounting 28. Ratio of Cash to Current liabilities Note: To select a topic, type the slide and press Enter c6-2

C6 - 2 • Internal Control Framework • Cash Receipts and Controls • Cash Payments and Controls • Bank Reconciliation • Petty Cash Accounting • Ratio of Cash to Current Liabilities Slide # Power Note Topics 3 9 17 23 27 28 Note: To select a topic, type the slide # and press Enter. Chapter F6 Power Notes Accounting Systems, Internal Controls, and Cash

Internal control framework 1. Control Environment Control environment c6-3

C6 - 3 1. Control Environment Control Environment Internal Control Framework

Internal control framework 1. Control Environment 2. Risk Assessment Risk Assessment Control environment c6-4

C6 - 4 1. Control Environment 2. Risk Assessment Risk Assessment Control Environment Internal Control Framework

Internal control framework 1. Control Environment 2 Risk Assessment 3. Control Procedures Control Procedures Risk Assessment Control environment c6-5

C6 - 5 1. Control Environment 2. Risk Assessment 3. Control Procedures Control Procedures Risk Assessment Control Environment Internal Control Framework

Internal control framework 1. Control Environment 2 Risk Assessment 3. Control Procedures 4. Monitoring Monitoring Control Procedures Risk Assessment Control environment c6-6

C6 - 6 1. Control Environment 2. Risk Assessment 3. Control Procedures 4. Monitoring Monitoring Control Procedures Risk Assessment Control Environment Internal Control Framework

Internal Control framework 1. Control Environment 2. Risk Assessment 3. Control Procedures 4. Monitoring 5. Information and Communication Communication Monitoring Control Procedures Risk Assessment Control environment c6-7

C6 - 7 Internal Control Framework 1. Control Environment 2. Risk Assessment 3. Control Procedures 4. Monitoring 5. Information and Communication Communication Monitoring Control Procedures Risk Assessment Control Environment

Internal Control procedures Competent Personnel Rotating Duties Mandatory Vacations Separating Responsibilities for Related Operations Separating Accounting and Asset Custody Proofs and Security Measures c6-8

C6 - 8 Internal Control Procedures • Competent Personnel • Rotating Duties • Mandatory Vacations • Separating Responsibilities for Related Operations • Separating Accounting and Asset Custody • Proofs and Security Measures

Cash Accounts and Internal controls Many companies need several cash accounts to account for different cash categories and funds. Most companies have multiple bank accounts The title for each bank account should be. o Cash in Bank-(Name of Bank) Preventive controls protect cash from theft and misuse Detective controls are designed to detect theft or misuse of cash and are also preventive in nature c6-9

C6 - 9 Cash Accounts and Internal Controls Many companies need several cash accounts to account for different cash categories and funds. Most companies have multiple bank accounts. The title for each bank account should be: Cash in Bank – (Name of Bank) Preventive controls protect cash from theft and misuse. Detective controls are designed to detect theft or misuse of cash and are also preventive in nature

Internal Control of Cash Receipts Cash is normally received from two sources: 1. Over the counter from cash customers Use of a cash register is an important control 2. Received in the mail from credit customers Cash is in the form of checks All cash is sent to the Cashiers Department An employee prepares a bank deposit ticket and makes a bank deposit. The bank deposit record is sent to the Accounting Department where it is recorded c6-10

C6 - 10 1. Over the counter from cash customers. Use of a cash register is an important control. 2. Received in the mail from credit customers. Cash is in the form of checks. All cash is sent to the Cashier’s Department. An employee prepares a bank deposit ticket and makes a bank deposit. The bank deposit record is sent to the Accounting Department where it is recorded. Internal Control of Cash Receipts Cash is normally received from two sources: