Glencoe Accounting

Chapter 22: Cash Funds

Extend: Matter of Ethics

Petty Cash Funds

• Visit the following university Web sites and review their petty cash policies.

• McGill University
  www.mcgill.ca/adminhandbook/policies/pettycash/
• Texas Woman's University
  www.twu.edu/o-controller/cashiers/petty_cash_policy.htm

• Select a policy and write a brief report. Include details on the maximum amount allowed for a petty cash purchase, requisition information required, signatures, fund amount, and fund replenishment. Indicate which university policy you reviewed.