1、第 1 页 (共 10 页) THE MONETARY FUNDS OF THE INTERNAL CONTROL WRITTEN BY WEILI GE AND SARAH MCVAY ACCOUNTING HORIZONS VOL. 19, NO. 3 SEPTEMBER 2011 Paper Keywords: internal control currency funds Abstract Money funds are the most powerful corporate mobility, control the highest risk assets, is the enter
2、prise survival and development. Most of corruption, fraud, embezzlement and other acts of indiscipline and monetary funds, and therefore, we must strengthen the management of monetary funds of enterprises and control, establish and improve internal controls monetary funds to ensure the lawful and ef
3、fective operation and management activities. First, the meaning of monetary capital Monetary capital refers to the process of production and operation of enterprises in the form of money that part of the funds, including cash, bank deposits and other monetary funds. Cash is an enterprise owned by th
4、e cashier kept the currency, ie cash; bank deposits refer to enterprises that can be deposited in the Banks monetary funds expended at any time; other monetary capital is defined in the cash on hand and bank deposits in currencies other than funds , including the other towns corporate deposits, bank
5、 deposits, promissory notes, bank deposits, money orders, credit cards, deposits, letters of credit deposits, money in transit funds. Second, monetary funds internal control objectives and the environment (A) internal control objectives for monetary capital. Internal control objectives is to establi
6、sh a sound corporate management of internal controls basic starting point. Monetary funds internal control objectives are four: currency funds security. Through good internal controls to ensure that cash on security, preventing theft, fraud and embezzlement; the 第 2 页 (共 10 页) integrity of the monetary funds. That examines whether the company received money account all the people, preventing kangaroo small treasuries and other unlawful activities occupied corporate earnings; th
