ACCOUNTS POLICING

it is the specific duty of the Treasury Secretary in an org to pick up and trace the course of every particle of money through the entire organization, from the time it enters through the mail or with a customer, until it exits from the org as a disbursement or a reserve action. That is quite a job, and it is the most important job a Treasury Secretary has got. It sums up the purpose of the post. It is called accounts policing. To police something means "to control, regulate, keep in order, administer." The anatomy of accounts policing is:(1) policing income to ensure that the org is collecting the income from the services that it delivers, and that all org income is channeled into treasury and into the bank without delays.(2) policing disbursements to ensure that financial planning occurs and that only monies which are so designated and authorized are allocated out of the org accounts.(3) policing reserves to ensure that the org never spends more than it makes, and that it builds up substantial reserves through excellent control of its income-outgo flows. (BPL 1 Feb 72 1)