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To promote professionalism and strengthen internal controls, a docHubing officer should be a supervisor and have the following minimum qualifications: (1) knowledge of the subject matter, (2) background or experience in the preparation of a voucher for payment, (3) knowledge of appropriations and other funds and
The law provides that any person who handles union funds or property must be bonded for at least 10% of the funds handled during the unions preceding fiscal year up to a maximum of $500,000.
There are four internal control measures for cash. They are employee background checks, use of written protocols, separation of duties, and securing assets and cash in safe locations.
To view the Renewal Fidelity Bond Application Form, click the eye icon with label GF-57 (green) button under Status label. *Views all information in the users application form. 4. Click Approve button on the last page, click the Approve Application button.
We outlined the Five Cash Handling and Control phases: Accept Cash and Checks. Prepare Deposits. Deposit Cash. Reconcile Deposits. Report Losses.
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Bond Requirements means the debt service on, and related costs in connection with, the Bonds, including, without limitation, payments with respect to principal, interest, prepayment premium; reserve funds; sinking funds; costs of issuance; payments related to any credit.
Download the form. Accomplish the form and affix required signatures. After successfully accomplishing the OFBS Enrollment form, submit the accomplished form to your designated BTr field office thru email and the enrollment form as file attachment.
The Act establishes Accountable Officers as the primary authority for providing financial management and accountability in Agencies. The Accountable Officer is the head of an Agency, unless the Treasurer has determined otherwise, and is responsible for the financial management of that Agency.
docHubing Officers are accountable for and required to reimburse personally the government the amount of any illegal or otherwise improper payment. This is called pecuniary liability. Pecuniary liability is imposed by law under 31 U.S.C. 3528 and is automatic.
Accountable Officers are trustees of the taxpayer and are pecuniarily liable for the physical loss or improper disbursement of the funds for which they are accountable.

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