"the Annual Audit.": a Paper Read At the Conference of Principals of ...

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"the Annual Audit.": a Paper Read At the Conference of Principals of ...
James W Drury
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When an alteration becomes necessary rule out the erroneous figures with pen and ink and insert over them the correct ones.
Should you ever fail to balance your accounts, and after diligent search find you are unable to locate the error, acquaint the auditor of the fact before he commences the audit. Never present an account to your Committee for payment until you have fully checked it, and certified its accuracy. This- should in every case be done previous to the meeting.
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...umber all receipts and payments consecutively in your Receipt and Expenditure Book, and put corresponding numbers on the appropriate vouchers. Keep your vouchers neat, not crumpled or tossed ; fasten all vouchers for a single month together.
Each item of receipt and payment should be supported by a voucher. Sums received should be vouched: in the case of remittances from the local authority, the Department, or other public body, by the production of the advice note or letter; fees from pupils, and miscellaneous sums, by the blocks of your receipt books.


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