Audits
Purchasing card transactions will be audited on a monthly basis. The primary purpose of the audit is to ensure that the purchasing card procedures are being followed and that:
- Purchase volume appears reasonable.
- The purchasing card is being used for appropriate transactions.
- Documentation is complete.
- The department and the cardholder are following required procedures.
- Supervisory review and approval is completed
- Proper internal controls exist with regard to the program.
