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Essay text:
In addition to these funds, there are advertisement, traveling (both reimbursed by Berkeley), and temporary food and shelter relief fees (given by donations/charities, etc). All in all, the club handles about $60,000 in one school year. Therefore, a lot of money passes through the hands of the members, and internal auditing, a type of system that can examine and evaluate the club’s activities, is a necessity.
Because a lot of money transaction occurs in the club, we must be prepared for corrupt members who try to profit through the club. By cooperating with people outside the club, a member of the club executive can collect/submit false “Hurricane Katrina survivor” claims...
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