About this document
NYC CECM: Cash and Equivalents Guide by April Gumiran is a document available to read on EtoBox.
This document discusses cash and cash equivalents, including terminology like cash, cash equivalents, bank overdraft, cash fund, and compensating balance. It also describes methods for concealing cash shortages like lapping and kiting. The document then discusses the imprest system for internal control over cash and explains petty cash funds, including the imprest and non-imprest accounting methods. It provides an example transaction for establishing, using, and replenishing a petty cash fund.
- Author
- April Gumiran
- Language
- EN