Assertions	Audit Procedures for Consideration	N/A Performed by And Date
	FINANCIAL STATEMENT ASSERTIONS
	E/O Existence or occurrence
	C Completeness
	R/O Rights or obligations
	V Valuation or allocation
	A/CL Accuracy or classification
	CO Cutoff
	IDENTIFICATION CODES
	The letters in the left column labeled "Assertions" indicate that the audit procedure provides assurance about the indicated assertions. If the letter appears in a bracket (for example, [E/O], [C], etc.), the audit procedure only secondarily provides assurance about the assertion. If an asterisk (*) precedes a procedure, it is a preliminary step or follow-up step.
E/O, C, R/O, V, A/CL, CO	Perform the following bank reconciliation procedures:
E/O, C, R/O, V, A/CL, CO	Obtain the bank reconciliation for significant bank accounts for the workpapers.	r/o
E/O, C, R/O, V, A/CL, CO	Trace the bank balance on the reconciliation to the balance per the bank statement (or confirmations received).
E/O, C, R/O, V, A/CL, CO	Trace the reconciled book balance to the general ledger, working trial balance, or lead schedule as applicable.
E/O, C, R/O, V, A/CL, CO	Test the clerical accuracy of the reconciliation.
E/O, C, R/O, V, A/CL, CO	Scan the bank reconciliation for significant or unusual reconciling items. Obtain explanations and review supporting documentation for any unusual reconciling items noted.
E/O, C, [R/O], CO	Perform the following analytical procedures:
E/O, C, [R/O], CO	Scan cash receipts and disbursements for significant or unusual transactions (including any bank transfers) near year end (both before and after year end).
E/O, C, [R/O], CO	Obtain explanations and review supporting documentation, as necessary, for any such items noted.
E/O, C, [R/O], CO	Obtain explanations for significant account variations from the prior period.
E/O, C, [R/O], CO	Assess the reasonableness of cash balances in light of your understanding of the business and current operating results.
E/O, [C], R/O, A/CL	Perform the following confirmation procedures:
E/O, [C], R/O, A/CL	Confirm selected bank account(s), certificates of deposit, money market investments, and compensating balances as of the balance sheet date. Based on the risk associated with the confirmation type and address, determine that confirmations are properly directed to the confirming party. Document the items selected for confirmation.
E/O, [C], R/O, A/CL	Tie confirmation amounts to bank reconciliations or the general ledger as appropriate. Investigate exceptions.
E/O, [C], R/O, A/CL	Consider the possibility of unrecorded interest or substitution of certificate numbers for cash investments.
A/CL	Determine whether amounts are appropriately classified as cash, restricted cash, cash equivalents, or other short-term investments.
	Concluding Audit Steps
*	Ensure that the workpapers include the information needed to support required financial statement disclosures and such information has been subjected to appropriate audit procedures.
*	Consider the need to apply one or more additional procedures and whether the results of audit procedures indicate internal control related matters that are required to be communicated to management and others.
*	Perform the following additional procedures on opening balances if there is no predecessor, if information from the review of the predecessors workpapers will not be used as evidence for opening balances, or if, based on assessed risk, additional evidence about opening balances is deemed necessary:
*	Scan copies of the clients reconciliations of each bank account made at the close of the prior period.
*	Trace balances in the reconciliations to bank statements and the general ledger.
*	Trace large or unusual reconciling items to subsequent bank statements and consider the need for additional investigation.
	Conclusion
*	We have performed procedures and obtained audit evidence sufficient to provide reasonable assurance about cash (to support our opinion on the financial statements taken as a whole). The procedures performed, evidence obtained, and our conclusions are adequately documented. (If you are unable to conclude, prepare a memo documenting your reason and the implications for the engagement, including the audit report.)