Document background
An Audit of Cash and Bank agreement is essential for organizations requiring independent verification of their cash and banking operations under Dutch law. This document is typically used when companies need assurance over their cash management processes, bank relationship management, and financial controls. It sets out the framework for examining cash handling procedures, bank reconciliations, electronic banking systems, and treasury management activities. The agreement ensures compliance with Dutch audit regulations, including the Wet toezicht accountantsorganisaties (Wta) and Dutch Standards on Auditing (NV COS). It's particularly relevant for organizations with complex banking arrangements, multiple bank accounts, or those requiring special attestation for regulatory or stakeholder purposes. The document includes specific provisions for Dutch regulatory requirements while incorporating international best practices in audit methodology.
