AUDIT CONFIRMATION OF(Sanitized) BANK ACCOUNTS

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP80-01370R000300040040-1
• Release Decision: RIPPUB
• Original Classification: S
• Document Page Count: 1
• Document Creation Date: November 17, 2016
• Document Release Date: July 26, 2000
• Sequence Number: 40
• Publication Date: July 9, 1959
• Content Type: MEMO

STANDARD ---Approved For Release 20 -`Z~ C P,bP8O= W08000 -1
Office Memorandum ? UNITED STATES GOVERNMENT
Comptroller
FROM : Acting Chief, Audit Staff
DATE: 9 July 1959
suBJECr: Audit Confirmation of Bank Accounts
In connection with our audit of cash and commodity assets of the Monetary
Branch of the Finance Division the subject of direct confirmation of bank account
balances by our office were discussed with representatives of your office. It
appears to be the general feeling of the representatives contacted that these
accounts should not be confirmed because of security an factors involved.
Inasmuch as the confirmation of bank accounts is a standard audit procedure,
regardless of established internal controls, we feel that for the protection
of the Audit Staff we should have a written statement expressing fully your
views on this matter.
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25X1A
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Approved For Release 2000/08/16 : CIA-RDP80-01370R000300040040-1