Cash audit program procedure

Assertion$($s$)$

Was sufficient and appropriate audit evidence obtained?

Was there any issue with audit evidence or workpaper preparation?

What additional audit test work, if any, is required to conclude on the audit procedure?

Obtain standard bank confirmations for all bank accounts, trace the balance per the bank confirmation to the bank reconciliation, and investigate any exceptions noted.

Existence, Accuracy

Trace deposits in transit on the bank reconciliation to the subsequent$-$period bank activity.

Existence, Accuracy

Trace outstanding checks on the bank reconciliation to the subsequent$-$period bank activity.

Existence, Accuracy

Scan the subsequent bank activity for significant or unusual items near year$-$end, obtain explanations and review supporting documentation for all such transactions, and ensure that the items are included on the bank reconciliation, if appropriate.

Completeness