Document background
The Audit Of Petty Cash document is essential for organizations operating in Singapore to maintain compliance with local financial regulations and corporate governance requirements. It provides a systematic approach to verifying the accuracy and proper management of petty cash funds, typically conducted on a regular basis or when irregularities are suspected. The document includes detailed cash counts, receipt verification, and compliance checks against Singapore's Companies Act and accounting standards. It serves as both a control mechanism and an official record of the audit process, helping organizations maintain proper financial controls and detect any discrepancies or misuse of funds.
