GAIN AN UNDERSTANDING OF:
The activities, information processing and documentation requirements in the cash disbursement process
Key decisions to be made in the cash disbursement process
Common risks and controls in the cash disbursements process
Reconciliations
Approvals
Segregation of duties
PERFORM:
Controls in the cash disbursements process
Document the cash disbursements process
Record expenses
Similar to what we did for the cash receipts process, we’ll dive into the cash disbursements process in detail.
At the end of the module, you should understand the process thoroughly and you should have practice certain controls you’ll assist with.