Auditing the CASH account - tests of controls and substantive testing

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00:00 Introduction
01:02 Typical controls over cash
04:31 Tests of internal controls
07:38 Substantive testing

Confirmations via an online service - https://www.confirmation.com/helps/au...

Definitely consider following Brian Fox on LinkedIn - he shares a lot of great content about auditors and fraud
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The fraud at ING where A$45m was stolen because of poor internal controls - https://www.smh.com.au/national/nsw/f...

You'll be auditing cash when auditing many related accounts such as
Sales -    • Auditing Sales and Revenue - Part 2 -...  
Acc Receivables -    • Auditing Accounts Receivable - Part 2...  
Payroll -    • Auditing Payroll and Employee Entitle...  
Bank loans -    • Auditing bank loans and borrowings  
Leases -    • Auditing LEASES under IFRS16 - tests ...  
Acc Payable -    • Auditing Accounts Payable Part 2 - Te...  
Expenses -    • Substantive procedures for auditing E...  

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