Establishmentofresponsibility责任的建立:controlismosteffectivewhenonlyonepersonisresponsibleforagiventask.Segregationofduties职责的分离:theworkofoneemployeeshouldprovideareliablebasisforevaluatingtheworkofanotheremployee.Documentationprocedures过程证据化:documentsshouldprovideevidencethattransactionsandeventshaveoccurred.PRINCIPL...
The article offers information on the cash receipts best practices to prevent accounts receivable (AR) fraud including segregation of duties on the receipt of cash, preparation of deposits, and bank reconciliation.EBSCO_bspManaging Credit Receivables & Collections...
Establishmentofresponsibility责任的建立:controlismosteffectivewhenonlyonepersonisresponsibleforagiventask.Segregationofduties职责的分离:theworkofoneemployeeshouldprovideareliablebasisforevaluatingtheworkofanotheremployee.Documentationprocedures过程证据化:documentsshouldprovideevidencethattransactionsandeventshave...
INTERNAL CONTROL 内部控制内部控制 u Establishment of responsibility 责任的建立责任的建立: control is most e 3、ffective when only one person is responsible for a given task. u Segregation of duties职责的分离职责的分离: the work of one employee should provide a reliable basis for evaluating the...
1、INTERNAL CONTROL AND CASH 内部控制和现金.Define internal control.Principles of internal control.Internal control to cash receipts.Internal control to cash disbursements.Operation of a petty cash fund.Control features of a bank account.Prepare a bank reconciliation. Main Points.Internal control ...
Segregation of duties. Cash is generally received at cash registers or through the mail. The employee who receives cash should be different from the employee who records cash receipts, and a third employee should be responsible for making cash deposits at the bank. Having different employees perfor...
Segregation of duties ? different individuals handle cash, record cash receipts and hold the cash c. Documentation procedures ? remittance advices, cash register tapes, deposit slips used d. Physical, mechanical and electronic controls ? cash stored securely, cash banked frequently, cash registers ...
(一)內部控制的原則(Principles of Internal Control) 1、責任之確立(Establishment of Responsibility) =>將責任分派予特定個人,某項既定工作僅由一人負責時,內部控制才能達到 效果。 =>確立責任包括交易的授權及核准。 2、職能分工(Segregation of Duties) =>相關活動的責任應分派給不同的個人 例:在進貨及銷貨時...
When the bank detects the error, it will return the check separately with a note of explanation to the depositor. PROBLEM SET B Problem 8-1B (20 minutes) 1. Violates both applying technological control and effective segregation of duties. It is safe to assume that Latisha Tally has ...
Segregationofduties:theworkofone employeeshouldprovideareliable basisforevaluatingtheworkof anotheremployee. Documentationprocedures:documents provideevidencethattransactionsandevents haveoccurred. PRINCIPLESOF INTERNALCONTROL PRINCIPLESOF INTERNALCONTROL Physical,mechanical,andelectroniccontrols: ...