Over the past two decades, significant changes have emerged in accounting and auditing arena that saw the ·adoption of new international standards and best practices, and the introduction of new audit approaches. These developments necessitated the updating of the Commission's policies, standards and rules to keep abreast with the current nonn. An activity that continues to be so vital in ensuring that cash is adequat3ly protected and controls are in place is the examination of the cash and accounts of all accountable officers of the government. With almost three decades going after its last revision the old manual on cash examination deserves a fresh refinement to keep it relevant and more responsive to the changing times. The Revised Cash Examination Manual embodies the much needed enhancement to effectively carry out the eash examination across all sectors of the government.

B. COVERAGE

The manual shall be used by all audit teams in the national, local and corporate government agencies. It shall also be used by special audit teams from. other offices of the Commission duly co:nstituted to conduct cash examinations or are required to perform the same in relation to the conduct of a special audit. Cognizant of the peculiarity of operations 'among government agencies, the· audit teams are encOuraged to devise and supplement the manual with other appropriate p~ocedures and techniques designed to fully achieve the objectives of cash examination.