How do you audit staff accounts in commercial bank?

Jim Kaplan
AuditNet

I guess that would depend on the size of the bank, and the bank's requirements.

In a small ($200MM) bank, we had statements dropped to Audit's attention monthly. Each month, we selected 2 letters of the alphabet, and scanned for large, frequent and multiple deposits.

Of all the statements reviewed there was only one question of frequent & multiple deposits - a loan payment clerk's husband owned a food cart and there were almost 50 small cash deposits during the month.

I believe many larger banks have programmed selection routines and review on-line.