A Problem-Solving Approach to Casino Accounting and Auditing
for Indian Gaming Organizations
Gaming

Go beyond the basics with this interactive approach to casino accounting and auditing. Our expert instructor will lead you through an in-depth discussion of the many challenges that tribal gaming operations face. You’ll learn internal controls that exceed the MICS established by the
National Indian Gaming Commission and weigh the pros and cons of adopting more stringent controls for your own casino.

This two-day class will help you determine the appropriate staffing and equipment for monitoring table games. You’ll discuss cage and vault functions, current IRS requirements, currency transaction reporting and many other topics. You’ll also gain practical knowledge with four hands-on exercises involving table games, slots, complimentaries and Title 31 of the Bank Secrecy Act. Don’t miss this opportunity to expand your understanding of casino accounting and auditing for the tribal gaming operation.

Topics that will be covered include:

Control of Slot Machines Preparing a slot machine assets record Slot management systems Performance and analysis overview Improving slot machine accountability Table Games Staffing Opening and closing tables Drop and count procedures Table inventories, fills and credits Key and dice controls Table game accounting Cage and Vault Functions Cashier organizational structure and accountability Vault, cashier and count accounting flow Physical layout Revenue clearing/reimbursement Current IRS Issues W-2G and 1099 issues Customer identification requirements Employee meals IRS tip compliance programs Contractor 1099s

Currency Transaction Reporting Title 31 of the Bank Secrecy Act Key reporting requirements Penalties for non-compliance Suspicious activity reporting Customer relations Officials’ responsibilities and training programs MICS Overview of standards Compliance program Annual CPA requirements NIGC role Updated MICS Special Issues Controlling complimentaries Coupon issuance and redemption controls Player clubs and promotion