Saudi Aramco GI 53.006 CUSTODIANSHIP OF COMPANY FUNDS

This document, Saudi Aramco General Instruction Manual GI 53.006, establishes comprehensive guidelines for the custodianship of company funds within Saudi Aramco. It details the procedures for managing Imprest Funds, including their opening, modification, closing, and secure storage, alongside protocols for handling cash differences and conducting inspections.

The manual outlines specific responsibilities for custodians and department heads, defines the requirements for dual control and dual custodianship of larger funds, and specifies protective measures for safeguarding assets. Furthermore, it covers the reporting and booking of cash overages and shortages, including procedures for theft or defalcation, and delineates the roles of Internal Auditing and General Auditors in surprise cash counts and inspections.

The document also includes minimum security requirements for storing petty cash, providing essential information for maintaining financial integrity and operational security. This manual is critical for personnel involved in the direct management and oversight of company financial resources.