CASH AND BANK BALANCES (INCLUDING OVERDRAFT)
L-1 Main Lead Schedule
L-2 Matters for the Attention of Manager
L-3 Audit Programme
L-4 Cash at Bank – Current Accounts
L-4.1 Notes and queries
L-4.2 Bank reconciliations
L-4.3 Bank confirmations
L-4.4 Bank statements
L-5 Cash at Bank – PLS Accounts
L-5.1 Notes and queries
L-5.2 Bank reconciliations
L-5.3 Bank confirmations
L-5.4 Bank statements
L-6 Running Finance
L-6.1 Notes and queries
L-6.2 Reconciliations/copy of bank statements
L-6.3 Extracts from facility letter/bank confirmation including
a. Rate of mark-up
b. Facility
c. Security
d. L.Cs.
e. Guarantees
f. Conditions/restrictions
g. Others
L-7 Summary of Banks Circularised
L-8 Cash in Hand and in Transit
L-8.1 Physical cash count completion checklist for cash count
L-8.2 Physical cash counting Sheet
L-8.3 Cash in Hand Certificate
L-8.4 List of cheques in hand
L-8.5 List of I.O.Us.
L-8.6 List of Last Bank Deposit Slip
L-8.7 List of Last cheque issued
L-8.8 List of Last Documents
L-8.9 Points for Management Letter
L-9 Cheques in Hand
L-10 List of Schedules
Riaz Ahmad, Saqib, Gohar & Company
(Chartered Accountants)
L-2
Client: Certification Services Pakistan (Pvt) Ltd Prepared by: Azeem
Date : Nov 12,2019
Year ended: June 30, 2019 Reviewed by: _________
MATTERS FOR THE ATTENTION OF MANAGER
S.NO. REVIEW NOTES W.P REF. CLEARED BY
Riaz Ahmad, Saqib, Gohar & Company L-3
(Chartered Accountants)
Client: Certification Services Pakistan (Pvt) Ltd Prepared by: Azeem
Date : Nov 12,2019
Audit Area: Cash & Bank Reviewed by: _________
Audit
S. Performed
Audit Procedures Assertion Reference
No. by
Addressed
Prepare standard bank Existence/
confirmation requests for all Completeness/
1
bank accounts and circularize Valuation/
them. Ownership
Agree balances and contingent Existence/
liabilities reported in replies to
2 Rights &
bank confirmation request with
records of the Obligation
Examine theclient.
client’s bank
reconciliations (or prepare the
reconciliation). When
appropriate, (e.g. to determine
whether receipts or Completeness/
3
disbursement are recorded on a Valuation
timely basis, or to verify the
appropriateness of reconciling
items) obtain cut-off bank
statements.
Arrange physical count or
obtain certificate of cash in
Existence/
4 hand of significant imprest
Valuation
account and un- deposited cash
receipts.
Determine that disclosures have
been made in accordance with Presentation /
5 the requirements of Companies Disclosure
Ordinance 1984 and relevant
accounting pronouncements.
Riaz Ahmad, Saqib, Gohar & Company
(Chartered Accountants)
L-4.1
Client:_________ Prepared by: _________
Date :
Year ended: June 30, 2014 Reviewed by: _________
NOTES AND QUERIES
S.NO. REVIEW NOTES W.P REF. CLEARED BY
