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The Treasurer shall provide the Township Board with a monthly summary report of cash activity by fund and a summary report of cash activity by bank account, certificate of deposit and investment account.
(Board and Administrative Policies Manual, § 4.23)
INTERNAL CONTROLS
The township shall provide education and training for township officials and other personnel involved in financial administration on accounting procedures, investments, budgeting and fraud prevention as annually approved in the township budget.
(Board and Administrative Policies Manual, § 4.25)
The functions of authorizations, recordkeeping and processing financial transactions shall be segregated where possible. Any township official or employee who is authorized to write checks or initiate transfers on behalf of the township shall not be authorized, or permitted, to sign them.
(Board and Administrative Policies Manual, § 4.26)
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