Are the signature cards for all bank accounts current?
Keep the signature cards for all bank and investment accounts current. Prevent check signers from accessing mail payments, cash funds, and funds held for deposit, performing the bank account reconciliation, or initiating/approving disbursements. Commentary: Notify the bank immediately of any changes in the list of employees included on the signature cards. Keep a list of all checking, investment and other bank accounts which includes the name and address of the banking institution, the account number, the account name, the rate of interest (if fixed), and the names of those authorized to sign checks or make withdrawals.
