Financial Controls 5: Authorization and Approval Processes
This resource looks at how co-ops approve financial transactions — the who and the how. It also offers comments around cash handling, segregation of duties, oversight (and external reporting) and reconciliation of housing charges.
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- around basic banding
- spending and borrowing
- payables and revenue
There’s also a self-test checklist, as you’ll find with most of the other financial controls resources.
