Iowa Admin. Code r. 491-12.4

Current through Register Vol. 47, No. 11, December 11, 2024

Rule 491-12.4 - Accounting controls within the cashier's cage

(1) The assets for which the cashiers are responsible shall be maintained on an imprest basis. At the end of each shift, the cashiers assigned to the outgoing shift shall record on a cashier's count sheet the face value of each cage inventory item counted and the total of the opening and closing cage inventories and shall reconcile the total closing inventory with the total opening inventory.

(2) At the conclusion of gaming activity each gaming day, a copy of the cashiers' count sheets and related documentation shall be forwarded to the accounting department for agreement of opening and closing inventories; agreement of amounts thereon to other forms, records, and documents required by this chapter; and the recording of all transactions.

(3) Each facility shall place on file with the commission the names of all persons authorized to enter the cashier's cage and persons who possess the combination or keys to the locks securing the entrance to the cage.

Iowa Admin. Code r. 491-12.4

ARC 8029B, IAB 8/12/09, effective 9/16/09

Amended by IAB January 31, 2018/Volume XL, Number 16, effective 3/7/2018