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SUBJECTImprest Fund PolicyPURPOSETo specify the policy, procedures and conditions under which impress funds are to be established and maintained by state agencies. AUTHORITATIVE REFERENCE. S.A. 753072K.
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Imprest fund policy is a financial policy that establishes guidelines for managing a specific amount of money set aside for minor expenses.
Organizations or departments that are responsible for managing imprest funds are required to file an imprest fund policy.
To fill out an imprest fund policy, you need to include details such as the purpose of the fund, authorized users, replenishment procedures, and reporting requirements.
The purpose of an imprest fund policy is to ensure proper management and accountability of the fund, as well as to establish clear guidelines for its use.
Information that must be reported on an imprest fund policy includes the fund amount, authorized users, usage restrictions, replenishment procedures, and reporting requirements.
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