Sarbanes-Oxley Act: Federal legislation that sets requirements for internal controls and financial reporting, including cash management procedures
IRS Record-Keeping Requirements: Federal tax regulations governing the documentation and reporting of cash transactions and business expenses
Bank Secrecy Act: Federal law requiring reporting of cash transactions exceeding $10,000 and maintaining proper documentation
Federal Money Laundering Regulations: Laws and regulations designed to prevent the use of cash transactions for money laundering purposes
GAAP Standards: Generally Accepted Accounting Principles that govern financial reporting and cash management practices in the US
Statement on Auditing Standards: Professional standards for conducting audits, including cash and petty cash audits
COSO Framework: Internal Control Framework providing guidance on effective internal control systems, including cash management
State Record-Keeping Requirements: State-specific laws governing how long financial records must be maintained and in what format
State Cash Handling Regulations: State-specific rules for how cash must be handled, secured, and documented in business operations
State Audit Requirements: State-specific requirements for conducting audits and maintaining financial controls
Industry-Specific Regulations: Specialized requirements for cash handling and auditing in regulated industries
Corporate Governance Requirements: Internal company policies, bylaws, and procedures governing cash handling and audit processes
