Electric Railway Auditing And Accounting

Cover Electric Railway Auditing And Accounting
Electric Railway Auditing And Accounting
William Harry Forse
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An examination of the ticket stock is then made. The card tickets in the ticket case are first counted if the station is a busy one. These tickets are usually the stock from which sales are being made, and by counting them first, the business of the ticket office is interrupted as little as possible. Coupon tickets, mileage books, and the entire supply of every kind of tickets is counted and an inventory made. Baggage checks of intrinsic value, storage receipts and every- thing else sold by the... agent is taken account of, in order that the audit may be complete. It is customary to make superficial audits, in some cases, of stations considered " safe. " Agents are usually under bond, and if the bonding company does not require frequent audits, the matter does not always receive careful attention. When a new agent is succeeding the present incumbent, a certain amount of the work of counting is thrown upon the newcomer. For example, the traveling auditor will make a superficial check by counting cash on hand, and taking a list of the lowest numbers shown on the packages of each kind of tickets.

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