1. Obtain copy of Trial Balance (T/B) and supporting schedule as of June 30, 2022.

2. Trace beginning balance to prior year's audit working papers/ending balance prior years Financial
Statements (F/S) and General Ledger (GL).
3. Trace debit and credit postings in the General Ledger (GL) to the Check Disbursement Journal
(CkDJ), General Journal (GJ) and to the Report of Disbursements / Report of Checks Issued.
4. Foot the debit and credit entries in the GL and establish the balances.
5. Trace if the GL balance agrees with the T/B.
6. Select a sample of GL debit and credit posting for vouching:

 Disbursement Vouchers granting cash advance and Liquidation Reports/Report of Disbursement;

 Verify if duly supported with complete documentations.

7. At the end of the year, verify if all cash advances have been fully liquidated.

8. Summarize all deficiencies /observations and prepare/issue AOM for the deficiencies noted, if
warranted.
9. Prepare demand letters requiring liquidation of overdue CAs, as may be appropriate