Thirty (30) Steps to Audit Your Safe Deposit Area

Management should take full advantage of an effective safe deposit audit program as their protection against losses due to negligence or carelessness. The mysterious disappearance of property from either internal theft or burglary must be avoided. You should be sure that procedures are in place to assure that your attendant uses the utmost diligence in making sure there are no exceptions or deviations. For an auditor to properly perform this task, they must be thoroughly familiar with all aspects of your safe deposit operation. This webinar covers the “nuts and bolts” and the important steps that must be followed to audit your entire safe deposit function.

David McGuinn, a nationally known expert in the area of safe deposit, has audited numerous financial institutions and will provide clear concise answers to complicated questions regarding your institution’s responsibility and potential liability. He will also identify and discuss various audit issues.

What You Will Learn

  • What are the thirty (30) most important audit questions that must be answered YES?
  • Have you measured all the boxes to make sure the correct rent is being charged?
  • Why should you perform a complete key audit to determine if you have all keys?
  • Do you know that all renter signatures match the names typed on the contracts?
  • Why is a vault survey of all box numbers and sizes important during this audit?
  • Do you have current resolution forms for all your rented business boxes?
  • Are all of the blanks on the contract filled in properly with no white outs?
  • Have you reviewed access records for the time, date and proper initials?
  • Why must all keys found be listed as Available or Service Required?
  • Are all renter signatures authorized to enter the safe deposit box?
  • If “MYSTERY BOXES” are identified how should they be handled?
  • Why should you record all past due, free and discounted boxes?
  • What five types of Management Reports must be prepared?

Who Should Attend?

This informative program is designed to update and assist internal auditors, vault supervisors and safe deposit attendants.


Connection Error #D55. For immediate assistance, please use our online chat (lower right corner of this page).
   Live Plus Five (days) - $265   
   OnDemand Recording - $295   
   CD-ROM - $345   
   Live Plus Six (months) - $365   
   Premier Package - $395   
Additional Locations
Want your branches to participate? Facilities within your organization will be able to participate without the travel costs of coming to one location.
Each additional location adds $75 to your registration and can be entered on the next screen as you confirm your order.