Quote:
Originally Posted by coadie
Our church requires 2 signatures on checks. There may be a minimum on this. Like someone taking a check under 50 dollars and signing it for supplies purchases. A bank will tell a pastor some internal control steps. You don't have to pay a CPA 90 dollars an hour for every little suggestion.
Another step is vacations. Does someone in cash handling leave on vacation a week or 2 and a different person cover the responsibility. In embezzlement, the perp often never leaves.
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Yep, which is why, on the bank side, you're required to take one vacation of a certain length every year. If there's anything hinky going on, it should show up. This might not be a bad idea for pastors, bookkeepers, etc.
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