Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Assignment:
This assignment will be to describe and document the internal controls over a transaction cycle at a local business. A transaction cycle could be the sales process, inventory control process, incoming cash receipts process, payroll process, etc. The full cycle (cradle-to-grave) should be covered. Students will need to conduct an interview of personnel involved in the transaction cycle in order to describe the transaction cycle and document the internal controls over the transaction cycle. Students may use a transaction cycle from their current company, or can interview friends, family or other business contacts regarding a transaction cycle in their business.
Part I:
Prepare a narrative describing the transaction cycle process in detail including the dates interviews were conducted and the contact information of the person(s) interviewed for the class assignment. Be sure to include sufficient detail of all aspects of the process and both preventive and detective controls in place to mitigate material misstatements of the financial information.
Students may also include exhibits of documents observed or can use flowcharts to better document the process - use of a narrative is required to earn full credit for the assignment.
journal entries and how to calculate entries 1. Braves estimates bad debt expense at 2% of net sales 2. At 12/31/11, 6 months of rent remains on the storage facility Braves lease
Q. In between FIFO and lifo which one is the correct method? The differences for the four methods take place because the company paid different prices for goods purchased. No d
decrease in assat & decrease in capital
Accounting conventions The phrase 'convention' is used to signify customs or ethnicity as a guide to the research of accounting statements. A variety of accounting conventions
Question: Artarmon Ltd uses a job-order costing system and a predetermined overhead rate based on direct labour cost. Estimated manufacturing overheads for the coming year were
On December 31, 2013, University Theatres issued $500,000 face value of bonds. The stated rate is 8%, and interest is paid semiannually on June 30 and December 31. The bonds mature
In earlier times in history, wealthy people utilized 'stewards' to direct their property. These stewards made an account of their stewardship to their owners periodically. This ide
GENERAL
WHAT IS ACCOUNTING STANDARDS
TDS (tax deducted at sources) .The person whereas making payments of income,covered by the scheme are responsible to deducted TDS and deposite the similar in goverment treasury wi
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd