During a review of the treasury function an internal auditor identified a risk that all...

The treasury supervisor establishes a threshold for amounts on bank statements to be reconciled against data in the system

The treasury analyst performs a daily reconciliation of al bank statements obtained via email against data in the system

The treasury analyst reviews a daily report automatically generated by the treasury system, which shows bank statements that have not been uploaded into the accounting system.

The treasury supervisor seeks an annual confirmation from the bank regarding the bank statements processed within a year