[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-seo-663695-105":3,"detail-sidebar-cat-0-en-105":80,"doc-detail-663695-en":130},{"code":4,"msg":5,"data":6},0,"ok",{"site_id":7,"language":8,"slug":9,"title":10,"keywords":11,"description":12,"schema_data":13,"social_meta":73,"head_meta":75,"extra_data":77,"updated_unix":79},105,"en","corporate-governance-risks-and-controls-b4-cash-management-chapter-contents","Corporate Governance, Risks and Controls - B.4 Cash Management - Chapter Contents","","A curriculum-focused study text on corporate governance, internal controls, and audit fundamentals, structured into multiple parts covering governance, risks, business process controls, ethics, and audit assurance. The document emphasizes cash management within business processes, detailing practical requirements for handling cash safely and recording transactions accurately. It explains avoiding cash handling for non-permitted payments, maintaining a cash book, understanding the debit and credit sides, and balancing the current bank balance using manual or computerized systems, supported by example formats and control considerations.",{"@graph":14,"@context":72},[15,34,55],{"@type":16,"itemListElement":17},"BreadcrumbList",[18,23,27,31],{"item":19,"name":20,"@type":21,"position":22},"https://docshare.wps.com","Home","ListItem",1,{"item":24,"name":25,"@type":21,"position":26},"https://docshare.wps.com/document/","Document",2,{"item":28,"name":29,"@type":21,"position":30},"https://docshare.wps.com/document/exam/","Exam",3,{"item":32,"name":10,"@type":21,"position":33},"https://docshare.wps.com/document/corporate-governance-risks-and-controls-b4-cash-management-chapter-contents/663695/",4,{"url":32,"name":10,"@type":35,"image":36,"author":41,"headline":10,"publisher":44,"fileFormat":47,"inLanguage":8,"description":12,"dateModified":48,"datePublished":49,"encodingFormat":47,"isAccessibleForFree":50,"interactionStatistic":51},"DigitalDocument",{"url":37,"@type":38,"width":39,"height":40},"https://docshare.wps.com/thumbnails/corporate-governance-risks-and-controls-b4-cash-management-chapter-contents/663695.png","ImageObject",300,407,{"name":42,"@type":43},"Jordan Avery","Person",{"url":19,"name":45,"@type":46},"DocShare","Organization","application/pdf","2026-10-30","2026-10-28",true,{"@type":52,"interactionType":53,"userInteractionCount":30},"InteractionCounter",{"@type":54},"ViewAction",{"@type":56,"mainEntity":57},"FAQPage",[58,64,68],{"name":59,"@type":60,"acceptedAnswer":61},"Why should organizations avoid using bank notes and coins for receipts and payments?","Question",{"text":62,"@type":63},"When there is no electronic cash register for recording receipts of bank notes and coins, organizations should not accept payments or make payments in notes and coins, except in small petty cash amounts. The document links cash handling to elevated fraud and theft risks and stresses proper controls.","Answer",{"name":65,"@type":60,"acceptedAnswer":66},"What is a cash book used for in a cash management process?",{"text":67,"@type":63},"A cash book records all receipts and payments by cheque, bank transfer, or credit card, serving as a book of prime entry for initial recording of cash transactions. It also functions as an account in the double entry bookkeeping system (the general ledger).",{"name":69,"@type":60,"acceptedAnswer":70},"How is the current bank balance handled in computerized vs manual cash book systems?",{"text":71,"@type":63},"In a computerized system, the current balance is adjusted automatically for each entered transaction. In a manual system, the bank balance before new entries is shown as the balance brought forward, with money in the bank shown on the receipts (debit) side and an overdrawn balance shown on the payments (credit) side.","https://schema.org",{"og:url":32,"og:type":74,"og:title":10,"og:site_name":45,"og:description":12},"article",{"robots":76,"canonical":32},"index,follow",{"doc_id":78,"site_id":7},663695,1793230387,{"code":4,"msg":81,"data":82},"success",[83,87,91,94,99,104,109,114,119,122,126],{"id":22,"doc_module":4,"doc_module_name":25,"category_name":84,"show_sort_weight":85,"slug":86},"Story & Novel",90,"story-novel",{"id":26,"doc_module":4,"doc_module_name":25,"category_name":88,"show_sort_weight":89,"slug":90},"Literature",80,"literature",{"id":33,"doc_module":4,"doc_module_name":25,"category_name":29,"show_sort_weight":92,"slug":93},70,"exam",{"id":95,"doc_module":4,"doc_module_name":25,"category_name":96,"show_sort_weight":97,"slug":98},5,"Comic",60,"comic",{"id":100,"doc_module":4,"doc_module_name":25,"category_name":101,"show_sort_weight":102,"slug":103},6,"Technology",50,"technology",{"id":105,"doc_module":4,"doc_module_name":25,"category_name":106,"show_sort_weight":107,"slug":108},7,"Healthcare",40,"healthcare",{"id":110,"doc_module":4,"doc_module_name":25,"category_name":111,"show_sort_weight":112,"slug":113},8,"Research & Report",30,"research-report",{"id":115,"doc_module":4,"doc_module_name":25,"category_name":116,"show_sort_weight":117,"slug":118},9,"Religion & Spirituality",20,"religion-spirituality",{"id":117,"doc_module":4,"doc_module_name":25,"category_name":120,"show_sort_weight":117,"slug":121},"World Cup","world-cup",{"id":123,"doc_module":4,"doc_module_name":25,"category_name":124,"show_sort_weight":123,"slug":125},10,"Lifestyle","lifestyle",{"id":127,"doc_module":4,"doc_module_name":25,"category_name":128,"show_sort_weight":95,"slug":129},19,"General","general",{"code":4,"msg":81,"data":131},{"doc_id":78,"user_id":132,"nickname":42,"user_avatar":133,"doc_module":4,"category_id":33,"category_name":29,"doc_title":10,"doc_description":12,"doc_content":134,"file_id":135,"file_url":136,"file_type":137,"file_size":138,"view_count":30,"is_deleted":4,"is_public":22,"is_downloadable":22,"audit_status":22,"page_count":139,"language":140,"language_code":8,"site_id":7,"html_lang":8,"table_of_contents":141,"faqs":142,"seo_title":143,"seo_description":12,"update_tm":79,"read_time":112},1099523882367,"https://ap-avatar.wpscdn.com/davatar_9964176cb1d06d4a9deccf72a44ae3dc","## Study Text\n\nBy:M BG Wimalarathna [FCA,FCMA,FMAAT,MCIM,CPFA,CIPFA,MCPM][MBA(PIM/USJ]  \n## Contents of the Curriculum                     \n\n### PARTA:INTRODUCTION TO CORPORATE GOVERNANCE,RISKS AND CONTROLS\n\nA.1:Corporate Governance  \nA.2:Internal Controls  \n### PART B:BUSINESS PROCESSES AND INTERNAL CONTROLS\n\nB.1:Sales Management  \nB.2:Procurement Cycle Management  \nB.3:Payroll Management  \nB.4:Cash Management  \nB.5:Property,Plant &Equipment Management  \nB.6:Inventory Management  \n### PART C:DIGITALIZATION AND BUSINESS PROCESSES\n\nC.1:Effectiveness of Controls and Digitalization  \n### PART D:ETHICS AND VALUES\n\nD.1:Introduction to Assurance Engagements  \n### D.2:Ethics and Agreeing the terms of the Engagement\n\nPART E:FUNDAMENTALS OF AUDIT AND ASSURANCE  \nE.1:Risk Assessments  \nE.2:Audit Planning and Documentations  \nE.3:Audit Procedures and Audit Evidence  \nE.4:Audit Finalization and Reporting  \n### PART B:BUSINESS PROCESSES AND INTERNAL CONTROLS\n\nB.4:Cash Management                              \nDoing business or running an organization is a series of activities/multiple activities carried out toachieve business goals/objectives.Activities carried out on ‘CASH PAYMENTS &RECEIVABLES'is one such prime activity carried out by almost all of the organizations as cashis most liquid highly utilized asset which involves series of tasks pertaining to the organization.  \n## Notes:\n\nChapter contents  \nB.4.1.Avoiding the use of bank notes and coins for receipts and payments  \n### B.4.2.Maintenance of a cash book\n\nB.4.3.The current bank balance:balancing the cash book  \nB.4.4.Recording cash received and banked  \nB.4.5.Making payments from the bank account  \nB.4.6.Bank reconciliations  \nB.4.7.Cash surpluses:making investments  \nB.4.8.The petty cash system  \nB.4.9.Payments of petty cash claims  \nB.4.10.Recording petty cash claims in the petty cash book  \nB.4.11.Imprest system for petty cash  \nB.4.12.Business risks in the cash management process  \n### B.4.1.Avoiding the use of bank notes and coins for receipts and payments\n\nWhen there is no electronic cash register for recording receipts of bank notes and coins,organizations should not accept payments or make payments in notes and coins(except in smallpetty cash amounts)  \nBusinesses continually receive cash and pay out cash.Handling cash is a process in business wherethe risk of fraud and theft are probably the greatest.It is essential that  \n□ All cash received is properly recorded  \n□ Cash is kept secure  \n□ All payments are for genuine business transactions and are not made fraudulently  \n### B.4.2.Maintenance of a cash book\n\nAll receipts and payments by cheque or bank transfer(or credit card)should be recorded in thecash book  \nAll receipts of cash for payment into the business bank account,and all payments from the businessbank account,should be fully recorded.They are recorded in a cash book  \nThe cash book is a part of the bookkeeping system.It may be a manual file,but is more commonlya computer file within a computerized accounting system.It serves two purposes in the accountingsystem.  \n口It is a book of prime entry.It is the file where receipts and payments of cash are initiallyrecorded.  \n□ It is also an account in the double entry bookkeeping system(the general ledger)  \nFormat of a cash book  \nIt is important to understand in general terms the nature of records in a cash book.  \n\n| Debit side   | Credit side   |  |\n| --- | --- | --- |\n| To record cash received and paid  \u003Cbr>into the bank account   |  | To record payments from the bank  \u003Cbr>account   |\n| Cash may be received in the form of  \u003Cbr>cheques,or they may be notified as  \u003Cbr>electronic bank transfers by the person  \u003Cbr>making the payment.   |  | An accounting department may make  \u003Cbr>payments by cheque or may make them  \u003Cbr>as electronic bank transfers.   |\n| On this side of the cash book,the  \u003Cbr>accountant records the total amount of  \u003Cbr>each payment received.There is a  \u003Cbr>separate line in the cash book or entry  \u003Cbr","cbCaikZdClaTAQ5I","https://ap.wps.com/l/cbCaikZdClaTAQ5I","pdf",405889,12,"English","# PART A: INTRODUCTION TO CORPORATE GOVERNANCE, RISKS AND CONTROLS\n## A.1: Corporate Governance\n## A.2: Internal Controls\n# PART B: BUSINESS PROCESSES AND INTERNAL CONTROLS\n## B.1: Sales Management\n## B.2: Procurement Cycle Management\n## B.3: Payroll Management\n## B.4: Cash Management\n## B.5: Property, Plant & Equipment Management\n## B.6: Inventory Management\n# PART C: DIGITALIZATION AND BUSINESS PROCESSES\n## C.1: Effectiveness of Controls and Digitalization\n# PART D: ETHICS AND VALUES\n## D.1: Introduction to Assurance Engagements\n## D.2: Ethics and Agreeing the terms of the Engagement\n# PART E: FUNDAMENTALS OF AUDIT AND ASSURANCE\n## E.1: Risk Assessments\n## E.2: Audit Planning and Documentations\n## E.3: Audit Procedures and Audit Evidence\n## E.4: Audit Finalization and Reporting\n# B.4: CASH MANAGEMENT\n## B.4.1 Avoiding the use of bank notes and coins for receipts and payments\n## B.4.2 Maintenance of a cash book\n## B.4.3 The current bank balance: balancing the cash book","[{\"question\":\"Why should organizations avoid using bank notes and coins for receipts and payments?\",\"answer\":\"When there is no electronic cash register for recording receipts of bank notes and coins, organizations should not accept payments or make payments in notes and coins, except in small petty cash amounts. The document links cash handling to elevated fraud and theft risks and stresses proper controls.\"},{\"question\":\"What is a cash book used for in a cash management process?\",\"answer\":\"A cash book records all receipts and payments by cheque, bank transfer, or credit card, serving as a book of prime entry for initial recording of cash transactions. It also functions as an account in the double entry bookkeeping system (the general ledger).\"},{\"question\":\"How is the current bank balance handled in computerized vs manual cash book systems?\",\"answer\":\"In a computerized system, the current balance is adjusted automatically for each entered transaction. In a manual system, the bank balance before new entries is shown as the balance brought forward, with money in the bank shown on the receipts (debit) side and an overdrawn balance shown on the payments (credit) side.\"}]","Corporate Governance, Risks and Controls - B.4 Cash Management - Chapter Contents | PDF"]