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2017-02 Performance Audit Report: Cash Handling at County of Hawai'i's Department of Water Supply
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2017-02 Performance Audit Report: Cash Handling at County of Hawai'i's Department of Water Supply
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✓ reconciling cash receipts in PUBS to the general ledger system; <br />✓ reviewing manual receipts posted in PUBS for accuracy and <br />completeness; <br />✓ independently reviewing the bank reconciliation; and <br />✓ performing surprise cash counts at all locations. <br />• Provide guidance and clarification on individual job duties to ensure adequate <br />segregation of duties exists. <br />Clarify or add policies regarding any updated procedures to reflect current <br />processes. Updated policies should also include: <br />✓ endorsing checks immediately upon receipt; <br />✓ require all adjustments are supported with an approved debit/credit <br />memo; and <br />✓ fraud reporting guidance. <br />Provide Training <br />We recommend the Department of Water Supply management provide on-going cash <br />handling and internal controls training for all DWS employees who handle revenue. <br />DWS Cash Receipts Audit Recommendations 117 <br />
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