ToR for Audits of External Operations and Related Services Engagements - Guidelines for Auditors; Annex 3 Version November 2007
Annex 3
Financial Audits – Cash and Bank Reconciliation
Model for reconciling cash and bank funds held by the Project
Bank
Account N°
Currency
Amount per bank statement
Amount per confirmation letter (1)
Difference (2)
Total bank (A)
Local EUR
Cash counting - cashier location
Currency
Amount per records
Amount counted
Difference (2)
Local EUR Total cash (B) EUR
Grand total cash & bank (C=A+B) (3)
EUR
[Notes (1) Based on original confirmation letters directly sent by the bank to the Auditor. (2) Reasons for any differences should be explained. (3) This amount should agree with 'total balance as per cashier and bank statements' as per cash & bank reconciliation.]