Description
Book SynopsisAccounting Control Best Practices,
Second Edition
Control systems are needed to ensure that a company''s assets are used in the most productive manner and that they are not lost through fraudulent activities. However, an excessive use of controls can interfere with the efficient completion of activities within a company. Whether your company is in start-up mode, installing new systems, or simply dissatisfied with existing controls due to fraudulent losses, Accounting Control Best Practices, Second Edition is the reference handbook every accountant and systems analyst can use to ensure that their company has constructed a durable and efficient set of controls.
This easy-to-use handbook clearly explains how to develop an effective system of accounting and operational controls and offers the best practices with pragmatic insights and proactive strategies to protect organizations from suffering further substantial losses of assets and reputation that occur from f
Table of Contents
Preface v
About the Author vii
Chapter 1 Introduction 1
Chapter 2 Controls for Accounts Payable Best Practices 9
Chapter 3 Controls for Order Entry, Credit, and Shipment Best Practices 59
Chapter 4 Controls for Inventory Management Best Practices 91
Chapter 5 Controls for Billing Best Practices 143
Chapter 6 Controls for Collections 161
Chapter 7 Controls for Cash-Handling Best Practices 169
Chapter 8 Controls for Payroll Best Practices 209
Chapter 9 Controls for Fixed Assets Best Practices 245
Chapter 10 Controls for Budgeting 265
Chapter 11 Controls for Financial Reporting 275
Index 289
