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

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. Youíll 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. Youíll discuss cage and vault functions, current IRS requirements, currency transaction reporting and many other topics. Youíll also gain practical knowledge with four hands-on exercises involving table games, slots, complimentaries and Title 31 of the Bank Secrecy Act. Donít miss this opportunity to expand your understanding of casino accounting and auditing for the tribal gaming operation.

T O P I C S   I N C L U D E
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
  • 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
Click here to find out how you can bring a Falmouth Institute seminar to your location!
© Copyright 2012 | Terms of Use | Privacy Policy