52 Do you have any other comments, questions, or Additional concerns? Comments: Cash handling, accounts receivable and sundry debtors Comments Yes Partial No N/A 53 Does the school have in place an internal School Cash G Handling policy approved by the school council? 54 Are all cash and cheques deposited into bank accounts G on a regular basis (2-3 days after receipt)? 55 Does the school have a petty cash policy approved by G the school council in place? Corporation? 56 Have all invoices, except for financial voluntary contributions, been issued for revenue collection by the M 30 June 2016? 57 Have all outstanding sundry debtor balances been M reviewed on a regular basis? 58 Are all unrecoverable sundry debtor amounts written M off on a regular basis? 59 Have all outstanding family student invoices been M reviewed on a regular basis? 60 Are all family student unrecoverable amounts written M off on a regular basis? 61 Have all billing adjustments (credit notes) been M authorised? 62 Has all the documentation supporting billing adjustments (credit been retained for audit G purposes? 63 Have all unrecoverable invoices written off in sundry M debtors been approved by the school principal? 64 Have all unrecoverable invoices written off in accounts M receivable (families) been approved by the school principal? 65 Has a provision for non-recoverable relating to G families been recorded and updated on a regular basis? 66 Has a provision for doubtful relating to sundry G debtors been recorded and updated on a regular basis? 67 Do you have any comments about any of your answers Additional to the questions in this section? Comments: Property, plant and equipment Comments Yes Partial No N/A 68 Are all asset purchases recorded in the asset register G within 30 days of acquisition? 69 Are all asset disposals and retirements processed in the asset register within the month of disposal and G retirement? 70 Are all assets recorded in compliance with the Department’s Asset management policy and M guidelines? 71 Have all asset clearing account balances been reviewed G and capitalisation completed in a timely manner?
Corporation? 52 Do you have any other comments, questions, or concerns? Additional Comments: Cash handling, accounts receivable and sundry debtors Comments Yes Partial No N/A 53 Does the school have in place an internal School Cash Handling policy approved by the school council? G 54 Are all cash and cheques deposited into bank accounts on a regular basis (2-3 days after receipt)? G 55 Does the school have a petty cash policy approved by the school council in place? G 56 Have all invoices, except for financial voluntary contributions, been issued for revenue collection by the 30 June 2016? M 57 Have all outstanding sundry debtor balances been reviewed on a regular basis? M 58 Are all unrecoverable sundry debtor amounts written off on a regular basis? M 59 Have all outstanding family student invoices been reviewed on a regular basis? M 60 Are all family student unrecoverable amounts written off on a regular basis? M 61 Have all billing adjustments (credit notes) been authorised? M 62 Has all the documentation supporting billing adjustments (credit been retained for audit purposes? G 63 Have all unrecoverable invoices written off in sundry debtors been approved by the school principal? M 64 Have all unrecoverable invoices written off in accounts receivable (families) been approved by the school principal? M 65 Has a provision for non-recoverable relating to families been recorded and updated on a regular basis? G 66 Has a provision for doubtful relating to sundry debtors been recorded and updated on a regular basis? G 67 Do you have any comments about any of your answers to the questions in this section? Additional Comments: Property, plant and equipment Comments Yes Partial No N/A 68 Are all asset purchases recorded in the asset register within 30 days of acquisition? G 69 Are all asset disposals and retirements processed in the asset register within the month of disposal and retirement? G 70 Are all assets recorded in compliance with the Department’s Asset management policy and guidelines? M 71 Have all asset clearing account balances been reviewed and capitalisation completed in a timely manner? G