Approaches followed by a Management Auditor

This article throws light upon the three approaches by a management auditor. The approaches are: 1. Cash Forecasting 2. Cash Budgeting 3. Cash Planning. Management Auditor: Approach # 1. Cash Forecasting: (1) The methods adopted for forecasting cash. (2) The determining factors considered for expected payments and receipts for a chosen period. (3) The extent of any seasonal or intermittent [...]