NORTH MUSKHAM PARISH COUNCIL   Review of internal controls   June 2008     Monthly by RFO   1.   Balancing - Cash book to be balanced   2.   Bank reconciliation - Bank reconciliation for all accounts even if inactive   3.   Save financial records and minutes to disc/website/e mail.     Monthly by Parish Council   1.   Internal checks report.   2.   Identify proper legal powers for expenditure.     Occasionally by Parish Council   1.   Budget monitoring.   2.   Monitoring grant expenditure.     Annually by Parish Council   1.   Appoint an internal auditor.   2.   Appoint an internal checker to check accounts monthly.   3.   Review Parish Council insurance   4.   Review Village Hall insurance   5.   Risk assessment.     December Parish Council meeting   1.   Budget to be formally adopted.     Other measures   1.   Standing Orders   2.   Financial Regulations