internal controls for music school
Posted: Mon Oct 27, 2014 2:24 ampetty cash expense, cash receipt (register, custody and banking in procedure), check receipt (payer and student number are not the same) issue of receipt (pre-number) , dishonored check(reissue of check), issue invoice , debt collection, check payment (on time and approval) and refund (approval), bank reconciliation, cashflow planning, custody of fixed assets and musical instruments.