Thread Options
#1969535 - 10/15/14 05:07 PM Suprise Audits
BusyBankLady Offline
New Poster
Joined: Oct 2014
Posts: 5
I need some thoughts and suggestions in regards to surprise audits that are done in the branch. I feel they should be random throughout the quarter and not done all in one day. What are other banks doing?

Return to Top
#1969563 - 10/15/14 06:13 PM Re: Suprise Audits BusyBankLady
osucpa Offline
Diamond Poster
Joined: May 2011
Posts: 1,400
If you are talking about items such as cash counts, random throughout the quarter.

Return to Top
#1969578 - 10/15/14 06:34 PM Re: Suprise Audits BusyBankLady
DerrickAuditor Offline
Joined: Mar 2008
Posts: 91
We do surprise cash audits randomly throughout the quarter.

Return to Top
#1969587 - 10/15/14 07:01 PM Re: Suprise Audits BusyBankLady
kiemo Offline
Gold Star
Joined: Jan 2009
Posts: 267
Surprise throughout the quarter and when drawers are short/long and on the last day of employment.

Return to Top
#1969603 - 10/15/14 07:29 PM Re: Suprise Audits BusyBankLady
HDavidson Offline
Junior Member
Joined: Mar 2011
Posts: 33
where the green grass shows
What they said, and when they are leaving on vacation for at least a week.

Return to Top
#1969622 - 10/15/14 07:53 PM Re: Suprise Audits BusyBankLady
EdOils Offline
Platinum Poster
Joined: Jan 2004
Posts: 553
Surprise cash counts are to be performed by the branch manager or teller supervisor randomly throughout the quarter. Each teller drawer should be reviewed on different days, but sometimes the manager remembers on the last day and does them all that day. That is not good, but it happens. Also, what everyone else said - last day, leaving on vacation, over/short over a certain $ amount.

Audit Dept surprise audits for the branch happen less frequently, but all tellers are audited on the same day.
You gain education by reading the fine print. You gain experience by not.

Return to Top

Moderator:  Andy_Z