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Lesson 23: Cash controls - Cherry Mowers (Part 6)

Continued from Lessons 14, 16, 17-18, 19-21 & 22.

​Cherry Mowers is a business started by Mike Cherry on 1 March 2025. In this Lesson, we re-visit cash controls, but this time in the context of an operating business.

Apart from being a bit of an ad for Ernst & Young, in this video young Chartered Accountant and audit specialist, Geoff Rooney shows us why cash control is so important, and a few techniques for doing so.

​Note the colourful Australian notes - these were a world first. Introduced in 1988 and made entirely from plastic (polymer), this made them much more durable and less susceptible to counterfeiting.  The Australian Government went on to sell that technology to other countries and so made money from their money...

[Duration 3:53]

Resources**
  1. Student Workbook - Lesson 23 [1.7MB] - download​ 
  2. Employee Theft article [32KB] - download​
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  • Home
  • Color-Accounting-Bootcamp
    • Benefits
    • 0. Introduction
    • 1. Funding Butterfly
    • 2. BaSIS Framework
    • 3. Classic Tx - v6.0X >
      • Tx01. Loan
      • Tx02. Contributed equity
      • Tx03. Repay loan
      • Tx04. Purchase equipment
      • Tx05. Purchase inventory
      • Tx06. Cash Sale COS
      • Tx07. Window cleaner
      • Tx08. Credit Sale COS
      • Tx09. Shop cleaning
      • Tx10. Gift card
      • Tx11. Account received
      • Tx12. Prepaid Sale COS
      • Tx13. Prepaid advertising
      • Tx14. Depreciation
      • Tx15. Advertising
      • Tx16. Pay supplier
    • 3. Classic Tx PizzaBox >
      • Tx01. Loan
      • Tx02. Contributed equity
      • Tx03. Repay loan
      • Tx04. Purchase equipment
      • Tx05. Purchase inventory
      • Tx06. Cash Sale COS
      • Tx07. Window cleaner
      • Tx08. Credit Sale COS
      • Tx09. Shop cleaning
      • Tx10. Gift card
      • Tx11. Account received
      • Tx12. Prepaid Sale COS
      • Tx13. Prepaid advertising
      • Tx14. Depreciation
      • Tx15. Advertising
    • 4. Summary learnings
    • 5. Business narrative
    • 6. Extenders
  • Virtual Learning
  • Teachers
  • Store
  • More
    • SeanStuff
    • Color Accounting
    • Curriculum Approach >
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