banner_ad

bank audit

Others 253 views 2 replies
what is the procedure for verifying cash deposits in bank
Replies (2)

Check bank statement which includes entries for cash deposits.

If you are asking for a random transaction, check the deposit slip attached in the vouchers, which will be preserved by the bank. Cross verify the same in the CBS (accounting software of the bank)
(other part that you can verify alongwith this is of levy of cash handling charges, if any)
And if your question is to verify the balance of cash held by the bank (branch)
so a surprise verification on a day is a good way to proceed
Take the count of physical cash and tally it with system..
(Alongwith this process you can concurrently verify the compliance on other areas such as clean note policy, rentention limit, insurance for cash, dual lock system etc.)


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 15 May 2026
ARTICLE ASSISTANT, TRAINEE AND PAID ASSISTANT

YOGESH KAPOOR AND ASSOCIATES

New Delhi

B.Com

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details