Audit Plan

AUDIT OBJECTIVES AUDIT PROCEDURES

To determine whether cash exist
at year end and cash related
transactions occur within the year.
To determine that all cash
balances of the council are
reflected on the cash flow.
To determine if cash is recorded
and presented at the proper
amount.
Obtain the current and prior
financial statements.
Gather official receipts to
ascertain the collections and
disbursements for the period.
Inspect passbooks and certificate
of deposits and compare to the
recorded amount.

To determine that the council is
employing good internal control
with regards to their collections
and disbursements.
To determine that the council
have proper segregation of duties
Obtain minutes of the meeting for
the decisions made by the council
with regard to the budget for the
period.
Log book for the members of the
council for the collection of fees at
the end of the semester.
Obtain the list of officers who
have the receipts of collections
and disbursements.
Obtain accomplishment reports.