Audria Ford. Adjunct Faculty Accounting, Finance & MIS College of Business Hobart Taylor 2C224

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "Audria Ford. Adjunct Faculty Accounting, Finance & MIS College of Business Hobart Taylor 2C224 anford@pvamu.edu"

Transcription

1 Audria Ford Adjunct Faculty Accounting, Finance & MIS College of Business Hobart Taylor 2C224 Academic Background Memberships E.M.B.A. Tulane University, August 2011 International Studies, Shanghai, China B.B.A. Our Lady of the Lake University, May 2009 Tulane Ambassador National Association Professional Women Work Experience Non-Academic Experience AK Noble Services (Owner), Cypress, TX Present Financial / Business Consultant Interview clients to assess financial short term and long term objectives and needs to develop a financial plan for retirement, education, and expenses. Assist clients with gathering information to establish an investment strategy that will benefit the clients need. Assist clients with their taxes. Attend educational, retirement, financial and business meetings / seminars with clients to provide guidance and further understanding of information presented voluntarily on a pro-bono basis. Assist clients with business plans, business processes, and performance management. Conduct financial analysis to provide business solutions that solve complex problems within any organization. Professor Audria Ford 1 of 5

2 Houston Area Community Services, Inc., Houston, Texas Director of Fiscal Services / Finance Manager (Housing / Administration) Supervised and directed the work of fiscal analysts, payroll, A/R, A/P, billing, and staff accountants. Enhanced, implemented, and enforced policies and procedures to improve the overall operations and effectiveness of the Fiscal Services Department. Provided technical financial guidance, knowledge, and methods of continual improvement of the budgeting process by educating the Program Managers on financial matters impacting their budgets. Provided analytical support for major investment decisions. Performed account and bank reconciliations and prepared journal and accrual entries. Managed budgets & reporting, banking, petty cash, allocations, quality assurance, compliance, event planning, cost accounting, government and state contracts, vendor contracts, negotiations and maintenance. Executed ad-hoc reports, general ledger activities and account mappings, payroll and taxes, forecasting, internal auditing, internal controls, revenue accounting, and project management. Preformed various financial statements, financial planning, reporting & analysis, cash management, and weekly, monthly, quarterly and annual closing activities. Developed and maintained positive relationships with community leaders at all levels. Involved in event planning and community outreach. Identified cost and efficiency opportunities. Determined key drivers of variances with prior year results. Ensured all contract vendors met the company guidelines, according to documentation, quality, business practices, ethics, and accessibility. Director of Housing Fiscal Services Promoted by the Chief Executive Officer to create, launch and manage the Housing Fiscal Department and fiscal staff. Supervised, directed, planned, organized and maintained detailed accounting/finance records and files. Oversaw input of accounts payable invoices into financial systems, ensured proper allocations and accuracy. Solved complex billing issues and oversaw accounting and budget closing activities. Executed financial reporting, financial analysis, data management and analysis. Grants Manager Managed the housing budgets and performed account payables, third party vendor billing, and maintained client relations with vendors. Professor Audria Ford 2 of 5

3 Resolved complex accounting issues and maintained organized set of detailed records and files to document financial transactions. Managed accounting and budget closing activities, performed internal audits and led external audits. Implemented solutions for sound internal controls and innovative solutions to improve accounting processes. Drove positive organizational change by controlling costs, improving internal controls, mitigating risks, while delivering cutting-edge financial and operational solutions. Recognized and resolved the delay in funding payments, waste and frivolous spending. Assisted in reengineering the organization to reduce budget costs and increase capital. Coordinated and led accounting system project scope, design approach, and controlled project strategy through implementation, maintenance and documentation. Republic National Bank, N.A., Houston, Texas CD/IRA Specialist (Investments) / Department Head Promoted by the Chief Operating Officer to spearhead, plan, organize, develop and manage the CD/IRA Department while cost-effectively directing multi-functional banking operations. Set goals, reviewed performance, and monitored staff progress. Managed the budget for the department. Mentored and trained staff on investments, compliance, and how they impacted operational results. Provided analytical support for major investment decisions. Solved complex problems. Prepared various financial planning, reporting & analysis and management reports for Senior Management. Provided and interpreted financial data and conducted various researches. Wrote transaction processes and implemented process improvements. Executed various general ledger and bank account reconciliations. Performed ad-hoc analysis, internal audit activities, general accounting, and tax reporting. Led special projects, worked across business units with Senior Executives on Strategic Planning Committee. Treasury Services / Accounting Recruited to oversee day to day operations for Treasury Services and supported the Accounting Department. Executed broad-based cash management functions including cash forecasting, information reporting, fraud prevention, ACH transactions, debit card payments, positive pay, wire Professor Audria Ford 3 of 5

4 transfers, assisted with ACH origination (contracts), foreign exchange transactions, settlements, tax payments, and disbursements. Reviewed borrowing requirements with V.P. of Treasury / Accounting for the lowest daily borrowing rates. Initiated ACH requests and transmitted ACH files to the bank daily and confirmed receipt. Ensured reoccurring treasury payments were scheduled and confirmations received by the due date. Monitored ACH return items to confirm accurate cash ledger assignment. Maintained accurate records of authorized signers for ACH and wire transfers. Maintained accurate records of active ACH Debit / Credit Authorization Agreements for transactions. Researched and troubleshoot issues related to ACHs, wires, bank transmissions, debt, and investments. Supported the Accounting Department. Performed general accounting, accounts payables, accounts receivables, general ledger reconciliation, bank reconciliations, internal audits, and expense accounts. Reviewed aged accounts receivable and took appropriate action to reduce risk. Initiated and launched CD/IRA Department, directing and defining standard operating procedures while instituting culture of proactive management, best practices and continuous improvements. Performed extensive financial and business analysis, documentation and risk assessment to identify problem areas and implement strategic solutions to optimize efficiency and reduce liability and exposure. Implemented quality control procedures, conducted broad-based internal audits, summarized results and recommendations for Senior Management, devising strategies and action plans to address findings, mitigate risks, and improve efficiency. Houston Community Bank, N.A., Houston, Texas New Accounts Representative Opened new accounts and implemented cross-selling methodologies to generate sales and revenue growth. Customized, marketed, and executed banking products and programs according to customer needs. Identified new clients to promote products for sales and revenue growth. Professor Audria Ford 4 of 5

5 Performed internal audit activities, conducted broad-based research, commercial and consumer lending, past due loan collections, loan closings, renewals, invoicing, wire transfers, various general ledger and bank reconciliations. Prepared and organized financial management reports for Board of Directors and Senior Management. Assisted with goals and the budget for revenue investment projections. Earned reputation as trusted advisor for building long term, productive customer relationships to generate new and repeat business while achieving organization s highest customer service ratings. Courses Taught Personal Financial Management and Planning Service to the University 2015 Student Development Committee Service to the Community March of Dimes MS 150 Salvation Army Houston Food Bank Collecting Clothing for the Homeless Back to School Supply Order Drive School Fundraisers Professor Audria Ford 5 of 5

Executive - Salary Guide

Executive - Salary Guide Salary Guide Executive - Salary Guide Chief Financial Officer $138,000 to $250,000+ Highest ranking financially-oriented position within a company. Responsibilities include overall financial control and

More information

Version 2.0.0. 8.0 manage Financial resources. The Framework for Process Improvement. History

Version 2.0.0. 8.0 manage Financial resources. The Framework for Process Improvement. History Financial Management DEFINITIONS AND KEY MEASURES Version 2.0.0 The Framework for Process Improvement Experience shows that benchmarking s potential to drive dramatic improvement lies squarely in making

More information

INTERNAL CONTROLS EVALUATION

INTERNAL CONTROLS EVALUATION INTERNAL CONTROLS EVALUATION Planning an Internal Controls Evaluation Project Internal Control Documentation Internal Control Testing Evaluation of Internal Control Deficiency Reporting Internal Control

More information

How to set up a people based. accounting system that makes your. small business work for you. Thomas G. Post. Certified Public Accountant 281-351-2688

How to set up a people based. accounting system that makes your. small business work for you. Thomas G. Post. Certified Public Accountant 281-351-2688 How to set up a people based accounting system that makes your small business work for you. By Thomas G. Post Certified Public Accountant 281-351-2688 www.texastaxman.com 1 Title How to set up a people

More information

Senior Accountant Position Description Housing Resources Group (HRG)

Senior Accountant Position Description Housing Resources Group (HRG) Senior Accountant Position Description Housing Resources Group (HRG) Position Type: 40 hours per week, exempt Reports to: Controller Basic Responsibilities: Initiate, manage and assist with and complete

More information

KPMG LLP Suite 12000 1801 K Street, NW Washington, DC 20006 Independent Auditors Report on Internal Control Over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements

More information

KANSAS CITY, MISSOURI RESPONSES TO THE FISCAL YEAR 2013 AUDIT MANAGEMENT LETTER

KANSAS CITY, MISSOURI RESPONSES TO THE FISCAL YEAR 2013 AUDIT MANAGEMENT LETTER KANSAS CITY, MISSOURI RESPONSES TO THE FISCAL YEAR 2013 AUDIT MANAGEMENT LETTER Material Weaknesses (0) No material weaknesses were reported for FY 2013. Significant Deficiencies (1) Grant Receivable Accounting

More information

ORGANIZATIONAL CHART FOR A TYPICAL LARGE REAL ESTATE COMPANY

ORGANIZATIONAL CHART FOR A TYPICAL LARGE REAL ESTATE COMPANY ORGANIZATIONAL CHART FOR A TYPICAL LARGE REAL ESTATE COMPANY Senior Management At the senior management level, a large real estate development company is much like any other large corporation, with a chief

More information

POSITION DESCRIPTION CITY OF MINNEAPOLIS

POSITION DESCRIPTION CITY OF MINNEAPOLIS POSITION DESCRIPTION CITY OF MINNEAPOLIS Position: Director, Treasury Division Civil Service Status: Appointed FLSA Status: Exempt Type of Position: Professional Reports to: Finance Officer Supervises:

More information

Finance and Accounting Control, Record Keeping and Reporting Services

Finance and Accounting Control, Record Keeping and Reporting Services Position Title: Finance Officer Job Description Department: Reports To: Finance Financial Analyst Purpose The Finance Officer is responsible for the maintenance of finance and accounting transactions and

More information

Creative Financial Staffing. Managed by professional accounting firms. 2014 Salary Guide. www.cfstaffing.comom

Creative Financial Staffing. Managed by professional accounting firms. 2014 Salary Guide. www.cfstaffing.comom Managed by professional accounting firms 2014 Salary Guide om 2014 CFS Salary Guide The 2014 CFS National Salary Guide provides comprehensive data of base salaries for all levels of accounting and finance

More information

SOUTH GIPPSLAND WATER POSITION DESCRIPTION

SOUTH GIPPSLAND WATER POSITION DESCRIPTION SOUTH GIPPSLAND WATER POSITION DESCRIPTION POSITION: Financial Accountant Classification: Band 7 ID Officer Section Department Award Finance Administration SGW CA This position operates within South Gippsland

More information

Creative Financial Staffing. Managed by professional accounting firms. 2014 Salary Guide. www.cfstaffing.comom

Creative Financial Staffing. Managed by professional accounting firms. 2014 Salary Guide. www.cfstaffing.comom Managed by professional accounting firms 2014 Salary Guide om 2014 CFS Salary Guide The 2014 CFS National Salary Guide provides comprehensive data of base salaries for all levels of accounting and finance

More information

STATE OF NEVADA Department of Administration Division of Human Resource Management CLASS SPECIFICATION TITLE GRADE EEO-4 CODE

STATE OF NEVADA Department of Administration Division of Human Resource Management CLASS SPECIFICATION TITLE GRADE EEO-4 CODE STATE OF NEVADA Department of Administration Division of Human Resource Management CLASS SPECIFICATION TITLE GRADE EEO-4 CODE ACCOUNTANT TECHNICIAN III 34 C 7.140 SERIES DISCUSSION Positions allocated

More information

Expenditures Internal Audit Report

Expenditures Internal Audit Report Expenditures Internal Audit Report Report #2014-1 June 9, 2014 Table of Contents Table of Contents... 2 Executive Summary... 3 Background Information... 4 Background... 4 Audit Objectives... 4 Scope...

More information

CLASSIFICATION SPECIFICATION FINANCIAL ANALYST

CLASSIFICATION SPECIFICATION FINANCIAL ANALYST 0729 CLASSIFICATION SPECIFICATION FINANCIAL ANALYST GENERAL DESCRIPTION Provides complex technical support to the organization in the area of governmental accounting, grants and contracts with sub-recipient

More information

BEDFORD PUBLIC SCHOOLS BUSINESS OFFICE PROCEDURES MANUAL

BEDFORD PUBLIC SCHOOLS BUSINESS OFFICE PROCEDURES MANUAL BEDFORD PUBLIC SCHOOLS BUSINESS OFFICE PROCEDURES MANUAL Revised 3-27-2014 TABLE OF CONTENTS Section 1: Section 2: Section 3: Section 4: Section 5: Section 6: Section 7: Section 8: Section 9: Cash Management

More information

Reportable Conditions:

Reportable Conditions: To the Audit Committee and Management of Pecan Plantation Owners Association, Inc. In planning and performing our audit of the consolidated financial statements of Pecan Plantation Owners Association,

More information

BDO Consulting. Segregation of Duties Checklist

BDO Consulting. Segregation of Duties Checklist BDO Consulting Segregation of Duties Checklist August 2009 BDO Consulting s Fraud Prevention practice is pleased to present the 2009 Segregation of Duties Checklist. We have developed this tool to assist

More information

Internal Controls over Cash for Small Nonprofits

Internal Controls over Cash for Small Nonprofits Internal Controls over Cash for Small Nonprofits Internal controls may be a sensitive issue in small nonprofit organizations. These organizations are built on the concepts of honesty, truthfulness, and

More information

SAMPLE NPO Fiscal Policies & Procedures

SAMPLE NPO Fiscal Policies & Procedures SAMPLE NPO NOTE: The most important part of developing policies and procedures is that they are discussed and agreed upon within the organization. This template is designed to be used in conjunction with

More information

[LSC Name] Items Needed for Internal Audit [Audited as of Date]

[LSC Name] Items Needed for Internal Audit [Audited as of Date] Items Needed for Internal Audit [Audited as of Date] The following items should be available in preparation for your internal audit: 1. General ledger for the last complete fiscal year and year to date

More information

OPEN STANDARDS BENCHMARKING MEASURE LIST

OPEN STANDARDS BENCHMARKING MEASURE LIST ABOUT APQC's The APQC Open Standards Benchmarking measure list concisely lists all of the measures currently available through APQC's benchmarking portal for its members. These measures are organized by

More information

Class 1-Permanent Record

Class 1-Permanent Record Campus: District Department: Fiscal Services Classification Length of Retention for Class 3 records Supervisor of Destruction 1 = Permanent Record A = Upon acceptance of District Audit 1 = District Designee

More information

2014 Business Plan & Budget

2014 Business Plan & Budget 2014 Business Plan & Budget Finance Department Mission Statement To support our internal and external stakeholders in bringing together people, partnerships and possibilities to be financially strong and

More information

May Wang. To prepare and teach the course to achieve the following learning objectives:

May Wang. To prepare and teach the course to achieve the following learning objectives: EDUCATION May Wang The University of Texas at Austin (09/2003-05/2008) Professional Program in Accounting MPA - Master in Professional Accounting (Area: Financial Reporting and Assurance) BBA - Bachelor

More information

Cash in bank checking account $22,500 U.S. treasury bills 5,000 Cash on hand 1,350 Undeposited customer checks 1,840 Total $30,690 Requirement 2

Cash in bank checking account $22,500 U.S. treasury bills 5,000 Cash on hand 1,350 Undeposited customer checks 1,840 Total $30,690 Requirement 2 Chapter 7 Solutions EXERCISES Exercise 7 2 Cash and cash equivalents includes: Cash in bank checking account $22,500 U.S. treasury bills 5,000 Cash on hand 1,350 Undeposited customer checks 1,840 Total

More information

August 2014 Report No. 14-043

August 2014 Report No. 14-043 John Keel, CPA State Auditor A Report on On-site Audits of Residential Child Care Providers Report No. 14-043 A Report on On-site Audits of Residential Child Care Providers Overall Conclusion Three of

More information

Cash Management. Solutions That Fit

Cash Management. Solutions That Fit TREASURY SERVICES Cash Management Solutions That Fit TABLE OF CONTENTS The Role of Cash Management Business Cash Cycle...3 Progressive Plan Phase I Information Management & Transaction Control...4 Zero

More information

Southern California AFP Luncheon

Southern California AFP Luncheon Working Capital Unharness your Cash Flow Southern California AFP Luncheon Michael Diekmann Director, Bank of America Merrill Lynch October 10, 2014 Understanding Working Capital Working Capital... = Current

More information

Optimizing Your Cash Forecast: Improving the Crystal Ball

Optimizing Your Cash Forecast: Improving the Crystal Ball Optimizing Your Cash Forecast: Improving the Crystal Ball December 9, 2015 Presented By Jeff Diorio Treasury Strategies Managing Director Bob Stark Kyriba Vice President, Strategy Elaine Filus Treasury

More information

Ruth L. Cude. Licensed as Certified Public Accountant

Ruth L. Cude. Licensed as Certified Public Accountant Ruth L. Cude Licensed as Certified Public Accountant Education Master of Accountancy (MACY) from UT-El Paso May, 1987 BA from Kansas State University Business Major May, 1980 BS from Kansas State University

More information

Audit of Cash Balances

Audit of Cash Balances Audit of Cash Balances Chapter 23 2008 Prentice Hall Business Publishing, Auditing 12/e, Arens/Beasley/Elder 23-1 Learning Objective 1 Show the relationship of cash in the bank to the various transaction

More information

Process diagram. Legend of symbols. Functional process. Information flow

Process diagram. Legend of symbols. Functional process. Information flow Names of departments or organizational entities responsible for carrying out the process Process diagram Legend of symbols Functional process Process Description Information flow Data base/data store Information

More information

Amegy618. 2015 Amegy Bank N.A. Member FDIC

Amegy618. 2015 Amegy Bank N.A. Member FDIC 22333 Amegy618 We noticed it s your first time participating! FYI: Your phone number is completely private, and we ll never spam you. -- Powered by Polleverywhere.com You ve joined Karen Sasser s session

More information

Welcome to the financial reports topic. 5-1-1

Welcome to the financial reports topic. 5-1-1 Welcome to the financial reports topic. 5-1-1 We will explore the effect of standard processes in SAP Business One on Financial Reports: such as the Balance Sheet, the Trial Balance, and the Profit and

More information

FISCAL POLICIES AND PROCEDURES

FISCAL POLICIES AND PROCEDURES FISCAL POLICIES AND PROCEDURES SECTION 1.1 FINANCIAL RECORDS AND REPORTING Colorado Nonprofit Association's fiscal period begins January 1 and ends December 31. The financial records of the organization

More information

FINANCIAL MANAGEMENT POLICIES AND PROCEDURES

FINANCIAL MANAGEMENT POLICIES AND PROCEDURES FINANCIAL MANAGEMENT POLICIES AND PROCEDURES 1. GENERAL PURPOSE The purpose of these policies is to establish guidelines for developing financial goals and objectives, making financial decisions, reporting

More information

Commercial Banking and Lending for Morgan Stanley Smith Barney Business Clients. Knowing me. Knowing my business.

Commercial Banking and Lending for Morgan Stanley Smith Barney Business Clients. Knowing me. Knowing my business. Commercial Banking and Lending for Morgan Stanley Smith Barney Business Clients Knowing me. Knowing my business. Commercial Banking Your Morgan Stanley Smith Barney Financial Advisor considers all aspects

More information

Chapter 15 Auditing the Expenditure Cycle

Chapter 15 Auditing the Expenditure Cycle Chapter 15 Auditing the Expenditure Cycle Expenditure cycle consists of activities related to the acquisition of and payment for plant assets and goods and services. Two major transaction classes: 1 purchases

More information

FC: FC215 PC: 890 BU: 31(AFSCME) FLSA: Exempt Revised: June 2015

FC: FC215 PC: 890 BU: 31(AFSCME) FLSA: Exempt Revised: June 2015 MANAGER OF ACCOUNTING FC: FC215 PC: 890 PB: I BU: 31(AFSCME) FLSA: Exempt Revised: June 2015 Class specifications are intended to present a descriptive list of the range of duties performed by employees

More information

DEPARTMENT REVIEW FINANCE

DEPARTMENT REVIEW FINANCE DEPARTMENT REVIEW FINANCE Department Description: This department is responsible for the establishment and maintenance of an effective financial accounting system, which accurately reflects the financial

More information

CGMA COMPETENCY FRAMEWORK

CGMA COMPETENCY FRAMEWORK CGMA COMPETENCY FRAMEWORK THE CGMA COMPETENCY FRAMEWORK IS COMPRISED OF FOUR KNOWLEDGE AREAS Technical Skills, Business Skills, People Skills and Leadership Skills. These knowledge areas are underpinned

More information

The policy and procedural guidelines contained in this handbook are designed to:

The policy and procedural guidelines contained in this handbook are designed to: BASIC POLICY STATEMENT The Mikva Challenge is committed to responsible financial management. The entire organization including the board of directors, administrators, and staff will work together to make

More information

Electronic Funds Transfer Policy

Electronic Funds Transfer Policy Electronic Funds Transfer Policy APPROVED BY: Ronald J. Paprocki DATE: February 2, 2010 PAGE: 5 I. Date of Initiation/Revision February 2, 2010 II. Policy Classification Treasury Department III. Policy

More information

Ruth Ann Castellano-Piatt CPA/PFS, CFP, CGMA, AEP,MBA 4320 Hillcrest Avenue, N.W. Albuquerque, NM 87120 (505) 480-4273 Cellular ruthannp@comcast.

Ruth Ann Castellano-Piatt CPA/PFS, CFP, CGMA, AEP,MBA 4320 Hillcrest Avenue, N.W. Albuquerque, NM 87120 (505) 480-4273 Cellular ruthannp@comcast. Certificates Education Ruth Ann Castellano-Piatt CPA/PFS, CFP, CGMA, AEP,MBA 4320 Hillcrest Avenue, N.W. Albuquerque, NM 87120 (505) 480-4273 Cellular ruthannp@comcast.com Certified Public Accountant,

More information

INTERNATIONAL BANKING AND CASH MANAGEMENT TULANE INTERNATIONAL

INTERNATIONAL BANKING AND CASH MANAGEMENT TULANE INTERNATIONAL INTERNATIONAL BANKING AND CASH MANAGEMENT TULANE INTERNATIONAL RESPONSIBLE TULANE INTERNATIONAL OFFICIAL: Treasurer 1 RESPONSIBLE OFFICE: Tulane International Financial Office COORDINATING DEPARTMENTS:

More information

Reference Document Month-End Closing

Reference Document Month-End Closing Overview Each individual company according to their own business practices establishes month end closing procedures. Typically, a company will create a monthly accounting calendar, which sets the dates

More information

ALTA Title Insurance & Settlement Company Best Practices

ALTA Title Insurance & Settlement Company Best Practices ALTA Title Insurance & Settlement Company Best Practices N e w C a s t l e T i t l e 7 5 0 N o r t h 3 r d S t r e e t, S u i t e B ( 6 0 8 ) 7 8 3-9 2 6 5 ( 6 0 8 ) 7 8 3-9 2 6 6 5 / 2 2 / 2 0 1 5 0 5/22/15

More information

Providing Business Solutions to Outsource your Finance Department

Providing Business Solutions to Outsource your Finance Department Providing Business Solutions to Outsource your Finance Department Independent member firm of www.andrews.ca Business Management Services / 1 Contents I. Introduction: Business Management Services II. Outsource

More information

Accounts Payable and Short Term Liabilities

Accounts Payable and Short Term Liabilities Chapter 9 Accounts Payable and Short Term Liabilities Accounts payable represent short term obligations to be paid to parish and school vendors/creditors for goods purchased or services provided. Generally,

More information

PALOMAR COMMUNITY COLLEGE DISTRICT. Classification Title: Manager, Payroll

PALOMAR COMMUNITY COLLEGE DISTRICT. Classification Title: Manager, Payroll PALOMAR COMMUNITY COLLEGE DISTRICT Classification Title: Manager, Payroll Department: Payroll Staff Category: Administrative Association (Classified Administrator) FLSA Status: Exempt Salary Range: 55

More information

TABLE OF CONTENTS OBJECTIVES, SCOPE, AND METHODOLOGY... 1 BACKGROUND... 1. 1. Authorized Signers Not Updated... 5

TABLE OF CONTENTS OBJECTIVES, SCOPE, AND METHODOLOGY... 1 BACKGROUND... 1. 1. Authorized Signers Not Updated... 5 TABLE OF CONTENTS Page OBJECTIVES, SCOPE, AND METHODOLOGY... 1 BACKGROUND... 1 FINDINGS AND RECOMMENDATIONS 1. Authorized Signers Not Updated... 5 2. Insufficient Employee Background Checks... 6 3. Discrepancy

More information

Accounts Payable. Best Practices: Existing Control: Control Gap: Controls Evaluation and Gap Analysis. Purchasing

Accounts Payable. Best Practices: Existing Control: Control Gap: Controls Evaluation and Gap Analysis. Purchasing Accounts Payable Gap Analysis: POS identifies the following Best Practices as efficient and effective control processes for the above risk. Listed for comparison are the controls currently in place, if

More information

Performance Element: Compare stocks, bonds, and commodities to determine advantages.

Performance Element: Compare stocks, bonds, and commodities to determine advantages. PATHWAY: Financial & Investment Planning Pathway Topic: Product Knowledge Pathway KS Statement: Examine characteristics to distinguish between stocks, bonds, and commodities. Performance Element: Compare

More information

August 2006 April 2011

August 2006 April 2011 POLICY SECTION ESTABLISHED LAST REVISED FINANCIAL ACTIVITIES ADMINISTRATIVE STANDARDS August 2006 April 2011 POLICY All financial activities for Brain Injury Services are managed by the manager, finance

More information

HOWARD UNIVERSITY POLICY

HOWARD UNIVERSITY POLICY HOWARD UNIVERSITY POLICY Policy Number: 300-001 Policy Title: ACCOUNTS PAYABLE: PAYMENTS TO VENDORS Responsible Officer: Chief Financial Officer Responsible Office: Office of the Chief Financial Officer

More information

Statement of Management Responsibility Including Internal Control Over Financial Reporting

Statement of Management Responsibility Including Internal Control Over Financial Reporting Statement of Management Responsibility Including Internal Control Over Financial Reporting Responsibility for the integrity and objectivity of the accompanying financial statements for the year ended March

More information

SCHOOL BUSINESS EXECUTIVE

SCHOOL BUSINESS EXECUTIVE SCHOOL BUSINESS EXECUTIVE DISTINGUISHING FEATURES OF THE CLASS: This is a professional business management position responsible for the supervision and performance of a wide variety of business affairs

More information

LEHMAN COLLEGE: DEPARTMENTAL RETENTION SCHEDULE 11/8/2013 ACCOUNTS PAYABLE. List of cost center codes for all College expenditures

LEHMAN COLLEGE: DEPARTMENTAL RETENTION SCHEDULE 11/8/2013 ACCOUNTS PAYABLE. List of cost center codes for all College expenditures AP-1 Appropriations of Expenditure Codes List of cost center codes for all College expenditures 6 years after superseded or obsolete General 9[9] b AP-2 Metrics Reports Reports prepared for the VP of Administration

More information

NONPROFIT FINANCIAL MANAGEMENT SELF ASSESSMENT TOOL

NONPROFIT FINANCIAL MANAGEMENT SELF ASSESSMENT TOOL NONPROFIT FINANCIAL MANAGEMENT SELF ASSESSMENT TOOL I. Financial Planning/Budget Systems 1. Organization has a comprehensive annual budget which includes all sources and uses of funds for all aspects of

More information

SELDOC Headquarters, East Dulwich

SELDOC Headquarters, East Dulwich JOB DESCRIPTION Job Title: Base: Accountable to: Hours: Salary: Key working relationships: Accounting Officer SELDOC Headquarters, East Dulwich Director of Finance 37.5 hours a week 22,000-25,000 per annum

More information

MEMORANDUM. 2015 Risk Assessment, 2015 Audit Plan, and 2014 Audit Plan

MEMORANDUM. 2015 Risk Assessment, 2015 Audit Plan, and 2014 Audit Plan ORANGE COUNTY EMPLOYEES RETIREMENT SYSTEM MEMORANDUM DATE: January 21, 2015 TO: FROM: SUBJECT: s of the Audit Committee David James, Director of Internal Audit 2015 Risk Assessment, 2015 Audit Plan, and

More information

Guide for Non-profit Organization Financial Administrative Form

Guide for Non-profit Organization Financial Administrative Form Guide for Non-profit Organization Financial Administrative Form This general guidance is provided by the State Education Department (SED) to assist non-profit organizations in completing the Non-profit

More information

FINANCIAL MANAGEMENT POLICIES AND PROCEDURES

FINANCIAL MANAGEMENT POLICIES AND PROCEDURES FINANCIAL MANAGEMENT POLICIES AND PROCEDURES SAMPLE 1. GENERAL PURPOSE The purpose of these policies is to establish guidelines for developing financial goals and objectives, making financial decisions,

More information

10-1. Auditing Business Process. Objectives Understand the Auditing of the Enteties Business. Process

10-1. Auditing Business Process. Objectives Understand the Auditing of the Enteties Business. Process 10-1 Auditing Business Process Auditing Business Process Objectives Understand the Auditing of the Enteties Business Process Identify the types of transactions in different Business Process Asses Control

More information

Western Climate Initiative, Inc. Accounting Policies and Procedures

Western Climate Initiative, Inc. Accounting Policies and Procedures Western Climate Initiative, Inc. Accounting Policies and Procedures Adopted May 8, 2013 WESTERN CLIMATE INITIATIVE, INC ACCOUNTING POLICIES AND PROCEDURES Adopted May 8, 2013 Table of Contents I. Introduction...

More information

ADMINISTRATION AND FINANCE POLICIES AND PROCEDURES. INVOICE PROCESSING AND DISBURSEMENTS Revision Date: 1/24/2010 Reviewed 11/23/2013

ADMINISTRATION AND FINANCE POLICIES AND PROCEDURES. INVOICE PROCESSING AND DISBURSEMENTS Revision Date: 1/24/2010 Reviewed 11/23/2013 Chapter 8 ADMINISTRATION AND FINANCE POLICIES AND PROCEDURES INVOICE PROCESSING AND DISBURSEMENTS Revision Date: 1/24/2010 Reviewed 11/23/2013 TABLE OF CONTENTS 8.01 OVERVIEW OF CASH DISBURSEMENTS PROCESS..

More information

To the Rector, Wardens and Vestry of (Church Name; Church Address; City and Zip)

To the Rector, Wardens and Vestry of (Church Name; Church Address; City and Zip) Section B. Sample Audit Committee Certificate Date To the Rector, Wardens and Vestry of (Church Name; Church Address; City and Zip) Subject: (Audit Year) Audit of (Church Name) We have inspected the statement

More information

CAPACITY BUILDING AND OVERSIGHT BEST PRACTICES

CAPACITY BUILDING AND OVERSIGHT BEST PRACTICES CAPACITY BUILDING AND OVERSIGHT BEST PRACTICES NOT-FOR-PROFIT VENDOR REVIEWS MAYORS OFFICE OF CONTRACT SERVICES 1) Not-for-profit organization has effective and dynamic governance structure a) At least

More information

INTERNAL CONTROL POLICIES

INTERNAL CONTROL POLICIES INTERNAL CONTROL POLICIES 2701 Internal Control Policy 2701.1 Addendum Internal Control Standard #1 Payments Cycle 2701.2 Addendum Internal Control Standard #2 Conversion Cycle 2701.3 Addendum Internal

More information

Current Position Range Knowledge, Skills and Abilities Experience Years

Current Position Range Knowledge, Skills and Abilities Experience Years Current Position Range Knowledge, Skills and Abilities Experience Years Executive Assistant 4 Sr. Executive Assistant 5 Finance & Reporting Systems Mgr 10 Learning Assistant 4 Legal Specialist 6 Loan Closing

More information

MUNICIPALITY OF JOB DESCRIPTION. DIVISION: EFFECTIVE DATE: January 5, 2016 REPORTS TO: CAO WAGE GRID LEVEL: 10

MUNICIPALITY OF JOB DESCRIPTION. DIVISION: EFFECTIVE DATE: January 5, 2016 REPORTS TO: CAO WAGE GRID LEVEL: 10 MUNICIPALITY OF JOB DESCRIPTION JOB TITLE: Director of Finance/ Treasurer DEPARTMENT: Treasury LAST REVISION DATE: New Position APPROVED BY: CAO DIVISION: EFFECTIVE DATE: January 5, 2016 REPORTS TO: CAO

More information

PEOPLESOFT ENTERPRISE PAYABLES

PEOPLESOFT ENTERPRISE PAYABLES PEOPLESOFT ENTERPRISE PAYABLES Oracle s PeopleSoft Enterprise Payables provides automated invoice and payment processing to ensure timely and accurate payment for KEY FEATURES Support shared service centers

More information

Prodev Group Holding. VACANCY: SENIOR FINANCIAL MANAGER Prodev Group Holding Company Date:17.06.2013

Prodev Group Holding. VACANCY: SENIOR FINANCIAL MANAGER Prodev Group Holding Company Date:17.06.2013 Prodev Group Holding VACANCY: SENIOR FINANCIAL MANAGER Prodev Group Holding Company Date:17.06.2013 JOB DESCRIPTION PRODEV GROUP HOLDING COMPANY ProDev Company Holding is a Rwandan company engaged in activities

More information

Cash Forecasting & Working Capital Management TREASURY WORKSHOP Barry Wolde Yohannes

Cash Forecasting & Working Capital Management TREASURY WORKSHOP Barry Wolde Yohannes Cash Forecasting & Working Capital Management TREASURY WORKSHOP Barry Wolde Yohannes May 2007- Dubai Agenda Benefits of Forecasting Critical Critical Success Factors Common Forecasting Problems Methodologies

More information

FINANCIAL POLICIES INDEX

FINANCIAL POLICIES INDEX FINANCIAL POLICIES INDEX Page Accounts Payable 2 Cash Receipts 6 Credit Cards 9 General Ledger Adjustments 10 Fixed Asset 11 Payroll Tax Reporting 13 Travel Reimbursement 14 Handling Mail 15 1 Accounts

More information

Important Disclaimer. Copyright Information

Important Disclaimer. Copyright Information Important Disclaimer This checklist is provided to assist churches in fulfilling the requirement of Book of Order provision G-10.0400, 4, d. The Book of Order does not require that the annual review of

More information

The Next Wave in Finance & Accounting Shared Services Establishing Centers of Expertise

The Next Wave in Finance & Accounting Shared Services Establishing Centers of Expertise The Next Wave in Finance & Accounting Shared Services Establishing Centers of Expertise The Next Wave of Finance & Accounting Shared Services INTRODUCTION As finance and accounting shared services operations

More information

Driving Savings to Your Bottom Line

Driving Savings to Your Bottom Line Driving Savings to Your Bottom Line Commercial Cards Best Practices November 14, 2012 1 Speakers Mark Sievert, Senior Global Treasury Advisor, Silicon Valley Bank Moderator Robert O Connor, Senior Global

More information

Senior Auditor Responsible for planning and directing audits, individuals performing this function may lead a team.

Senior Auditor Responsible for planning and directing audits, individuals performing this function may lead a team. ROLES DEFINITIONS Academic Person involved in the teaching of accounting or accounting related subjects in a university or other educational institutions. Academic related roles could be split into 2 categories:

More information

Department of Finance. Strategic Plan 2015-2019. California s Fiscal Policy Experts

Department of Finance. Strategic Plan 2015-2019. California s Fiscal Policy Experts Department of Finance Strategic Plan 2015-2019 California s Fiscal Policy Experts California s Fiscal Policy Experts MESSAGE FROM THE DIRECTOR Since fiscal year 2011-12, the state has recovered from budget

More information

A/P and A/R: Unrelenting Adversaries or Synergetic Partners?

A/P and A/R: Unrelenting Adversaries or Synergetic Partners? A/P and A/R: Unrelenting Adversaries or Synergetic Partners? New York Cash Exchange Adam Kruis Vice President, Working Capital Consultant June 1 st, 2016 Historical adversaries 2 Historical adversaries

More information

GLOSSARY the terms below are to be interpreted as follows wherever they appear in the classification specification:

GLOSSARY the terms below are to be interpreted as follows wherever they appear in the classification specification: STATE OF OHIO (DAS) CLASSIFICATION SPECIFICATION CLASSIFICATION SERIES Financial Analyst MAJOR AGENCIES All Agencies 1 OF 11 SERIES NUMBER 6656 EFFECTIVE 07/26/2015 SERIES PURPOSE The purpose of the financial

More information

RESULTS OF AUDIT. Significant Progress Made in Eliminating Backlog Of Reconciling Items

RESULTS OF AUDIT. Significant Progress Made in Eliminating Backlog Of Reconciling Items items for the months ending September 30, 2004, December 31, 2004, and March 31, 2005 for the 18 accounts that represented 99 percent of the dollar value of activity in all 35 accounts. These 18 accounts

More information

Accounting 408 Test 3b Section Row

Accounting 408 Test 3b Section Row Accounting 408 Test 3b Name Section Row Multiple Choice. (2 points each) Read the following questions carefully and indicate the one best answer to each question by placing an X (do not circle) over the

More information

Auditing Treasury Activities. Devina Rankin Assistant Treasurer

Auditing Treasury Activities. Devina Rankin Assistant Treasurer Auditing Treasury Activities Devina Rankin Assistant Treasurer Overview of the Treasury Function Making sure the right amount of cash is in the right accounts on a daily basis Day-to-day cash management

More information

Integrating Payables and Receivables to Unlock Working Capital

Integrating Payables and Receivables to Unlock Working Capital Integrating Payables and Receivables to Unlock Working Capital Approved for 1 CTP / CCM recertification credit by the Association of Financial Professionals May 2009 Introductions David Kunz Treasury Management

More information

ACCOUNTS PAYABLE VENDOR PAYMENT. Audit Report No. AP0110. November 06, 2009

ACCOUNTS PAYABLE VENDOR PAYMENT. Audit Report No. AP0110. November 06, 2009 ACCOUNTS PAYABLE VENDOR PAYMENT Audit Report No. AP0110 November 06, 2009 MENTAL HEALTH MENTAL RETARDATION AUTHORITY OF HARRIS COUNTY Report AUDITOR S REPORT Harris County, Texas Report November 06, 2009

More information

Board of Supervisors February 10, 2000 Page 2. Summary of Findings

Board of Supervisors February 10, 2000 Page 2. Summary of Findings Board of Supervisors February 10, 2000 Page 2 Summary of Findings We have questioned a total of $37,320 in expenditures made by GHS. Of this amount, $24,863 represents disbursements that were undocumented

More information

HUDSON SALARY GUIDES 2015

HUDSON SALARY GUIDES 2015 Singapore HUDSON SALARY GUIDES 2015 Financial Services about this publication This Salary Guide is a compilation of salary and market information provided by Hudson consultants, clients, candidates and

More information

C A R L E T O N U N I V E R S I T Y POSITION DESCRIPTION

C A R L E T O N U N I V E R S I T Y POSITION DESCRIPTION C A R L E T O N U N I V E R S I T Y POSITION DESCRIPTION PART A Employee Name: Title of Immediate Supervisor: Assistant Manager, Business Operations Position Title: Cash Office Supervisor Department: Business

More information

Chapter 18 Auditing Investments and Cash Balances

Chapter 18 Auditing Investments and Cash Balances Chapter 18 Auditing Investments and Cash Balances General Considerations Cash balances include undeposited receipts on hand, cash in bank in unrestricted accounts, and imprest accounts such as petty cash

More information

City of Prineville Request for Proposal (RFP) RFP #1002-14-15 For Banking Services

City of Prineville Request for Proposal (RFP) RFP #1002-14-15 For Banking Services Request for Proposal (RFP) RFP #1002-14-15 For Banking Services January 2015 TABLE OF CONTENTS Introduction Page 3 Background Page 4 Proposal Procedures Page 5 Required Banking Services Page 6 Other Requirements

More information

SAO Cash Management Group To Be Process Flow

SAO Cash Management Group To Be Process Flow Centralized Accounts Payable (AP) Disbursement Generate Checks and Positive Pay file Distribute Checks Review AP Reports Exception Processing Create Control Group in Peoplesoft Accounts Payable (HIGHLY

More information

Improving Small Business Payments Processing

Improving Small Business Payments Processing Improving Small Business Payments Processing ASBDC State Directors Conference March 19, 2012 Claudia Swendseid Senior Vice President Federal Reserve Bank of Minneapolis 2012 Federal Reserve Bank of Minneapolis.

More information

FINANCIAL RECORDS RETENTION SCHEDULE. September 14 Final Page 1 of 9

FINANCIAL RECORDS RETENTION SCHEDULE. September 14 Final Page 1 of 9 FINANCIAL RECORDS RETENTION SCHEDULE The records retention schedule documents the minimum length of time financial records should be retained in order to comply with legal, regulatory and operational requirements.

More information

Purpose. This accounting policy documents authoritative literature for the accounting treatment of accounts payable and accrued expenses.

Purpose. This accounting policy documents authoritative literature for the accounting treatment of accounts payable and accrued expenses. 1. Title 2. Policy Accounts Payable and Accrued Expenses Sec. 1 Sec. 2 Sec. 3 Sec. 4 Sec. 5 Policy Statement. The accrual basis of accounting should be utilized in measuring financial position and operating

More information

Treasury Management. WellsOne Commercial Card

Treasury Management. WellsOne Commercial Card Treasury Management WellsOne Commercial Card $182,000 Average value a company can generate for every $1 million in spending converted to commercial cards, through reduced processing costs, increased discounts,

More information

Financial Analyst. Financial Analyst

Financial Analyst. Financial Analyst Financial Analyst It s about you Do numbers talk to you and tell you a story? Do you enjoy researching, synthesizing and modeling financial data and finding trends? If you thrive under pressure and enjoy

More information