wreses
Discrepancy < £500.
YES
Are there any
financial irregularities
or suspicious
circumstances?
—
Yes
y
Dealing with discrepancies revealed at audit - version 1
Discrepancy > £500.
y
Is the discrepancy due to an
authorised amount in the
suswense account?
Branch auditor to report findings to
the C&SM (via the AIO),
Investigation team manager and
line manager.
For National Multiple branches the
branch auditor should contact
Operations. Operaffons Manager to
be notified of _all losses in excess of
POL00005888
POL00005888
admitted.
Misuse of funds
Seek proposals to
make good audit
discrepancy.
v
Document findings
and proposals in the
audit report. E-Mail
the audit report FAO
the C&SM via the
Alo.
C&SM makes a C&SM makes a Branch auditor
decision to decision not to B® Ito contact
close the suspend and the Operations
branch amount exceeds NqManager
v £5K. I
y Yes v
Branch auditor C&SM to have the Operations
prepares final decision endorsed Manager to
account as per process. ensure
£5K - £10K ASM escalation
£10K - £25K HONS process has
>£25K GMS beer -fottowed-