What are the University's imprest cash fund policies and procedures? Who is responsible for imprest cash fund operations at the University? During this workshop, we will undergo an examination of the University's Cash Operations - Imprest Cash Funds. We will also discuss best practices related to imprest cash funds in departments and units at the University. After completing this training workshop, you will be able to:
- Identify your departments role and responsibilities when it comes to handling imprest cash funds.
- Recognize risks associated with cash handling.
- Discuss why it is important to have written imprest cash fund procedures.
- Incorporate best practices and internal controls in the daily operation of your imprest cash fund.