List several of the audit objectives that should be considered during the audit of cash. Review the attached bank reconciliation and list the audit procedures that should be followed when auditing the bank reconciliation schedule. Assume that every dollar amount that appears in the bank reconciliation is deemed material. Comment on any additional observations related to the bank reconciliation schedule, and communications that should be made with the bank and the controller of the company.

Balance per Bank Statement, Dec 31		$24,594.72
Add: Deposit in Transit 12/31		400.00
		$24,994.72
Less: Outstanding Checks:
No. 846 issued on June 29	$320.00
No. 875 issued on October 26	49.21
No. 878 issued on December 29	275.00
No. 881 issued on December 31	186.50
		830.71
Adjusted Bank Balance		$24,164.01
Balance per General Ledger, Dec 31		$23,196.79
Add:
Interest Income from Bank	$1,237.22
Note Receivable Collected by Bank	500.00
Interest Income from Note Receivable	50.00
Deposit error	90.00
		1,877.22
		$25,074.01
Less:
NSF Check L. Cicalese	835.00
Bank Service Fee	40.00
Bank Collection Fee Unreconciled Diffference	15.00 20.00
		910.00
Adjusted Book Balance		$24,164.01