8325-Daily Deposits Unless not feasible in a particular circumstance, the finance officer shall provide for sufficient segregation of duties to ensure that the individual making a deposit is not the same individual who collects, prepares, and/or records the deposit. All moneys collected, but not promptly deposited shall be kept in a secured drawer, cabinet, or safe with access limited to an authorized officer, employee, or agent. Authorized individuals shall be kept to the minimum necessary to achieve adequate internal controls and segregation of duties as determined appropriate by the finance officer.
The finance officer may at any time audit the accounts of any officer, employee or agent collecting or receiving any taxes or other monies and may prescribe the form and detail of these accounts. The accounts of such an officer, employee or agent will be audited at least annually.
Legal References: G.S. 115C-445
Cross References:
Adopted: 2008-02-04 Updated: 2018-10-08