Table of Contents
Chapter
1 - The Accounting Controls Environment
The
Genesis of Accounting Controls.
The
Proper Balance of Control Systems
The
Failings of Internal Controls
Preventive
and Detective Controls
Constructing
a System of Controls
Special
Case – Employee Turnover
Chapter
2 - Order Entry Controls
In-Process
Order Entry Controls
Alternative
Order Entry Control Systems
Control
System for Manual Order Entry
Control
System for Computerized Order Entry
Additional
Order Entry Controls – Fraud Related
Additional
Order Entry Controls – Periodic Actions
Additional
Accounting Policies
Alternative
Credit Control Systems
Control
System for Manual Credit Management
Control
System for Computerized Credit Management
Additional
Credit Controls – Fraud Related.
Additional
Credit Controls – Periodic Actions
Additional
Accounting Policies
Alternative
Shipping Control Systems
Control
System for Manual Shipping
Control
System for Computerized Shipping
Additional
Shipping Controls – Fraud Related
Additional
Shipping Controls – Periodic Actions
Chapter
5 - Customer Billing Controls
Customer
Billing Process Overview
In-Process
Customer Billing Controls
Alternative
Customer Billing Control Systems
Control
System for Manual Customer Billings
Control
System for Computerized Customer Billings
Additional
Customer Billing Controls – Fraud Related
Additional
Customer Billing Controls – Periodic Actions
Additional
Accounting Policies
Chapter
6 - Collection Controls
In-Process
Collection Controls
Alternative
Collection Control Systems
Additional
Collection Controls
Additional
Accounting Policies
Chapter
7 - Cash Receipts Controls
Cash
Receipts Process Overview
In-Process
Cash Receipts Controls
Alternative
Cash Receipts Control Systems
Control
System for Cash Receipts
Control
System for Check Receipts
Control
System for Lockbox Receipts
Control
System for Remote Deposit Capture
Additional
Cash Receipts Controls – Fraud Related
Additional
Cash Receipts Controls – Periodic Actions
Additional
Accounting Policies
Chapter
8 - Purchasing Controls
In-Process
Purchasing Controls
Alternative
Purchasing Control Systems
Control
System for Purchasing with Bids.
Control
System for Purchasing without Bids
Controls
for Purchasing with a Computerized System
Additional
Purchasing Controls – Fraud Related
Additional
Purchasing Controls – Periodic Actions
Additional
Accounting Policies
Chapter
9 - Accounts Payable Controls
Accounts
Payable Process Overview
In-Process
Accounts Payable Controls
Alternative
Accounts Payable Control Systems
Control
System for Manual Accounts Payable
Control
System for Computerized Accounts Payable
Control
System for Evaluated Receipts
Additional
Payables Controls – Trend Analysis
Additional
Payables Controls – Fraud Related
Additional
Payables Controls – Periodic Actions
Additional
Accounting Policies
Chapter
10 - Expense Report Controls
Expense
Report Process Overview
In-Process
Accounts Payable Controls
Alternative
Expense Report Control Systems.
Control
System for Manual Expense Reporting
Control
System for Computerized Expense Reporting
Additional
Expense Report Controls – Fraud Related
Additional
Expense Report Controls – Periodic Actions
Additional
Accounting Policies
Chapter
11 - Procurement Card Controls.
Procurement
Card Process Overview
In-Process
Procurement Card Controls
Alternative
Procurement Card Control Systems
Procurement
Card Control System without a Transaction Log
Procurement
Card Control System with a Transaction Log
Additional
Payables Controls – Fraud Related
Additional
Payables Controls – Periodic Actions
Additional
Accounting Policies
Chapter
12 - Petty Cash Controls
In-Process
Petty Cash Controls
Additional
Payables Controls – Fraud Related
Additional
Accounting Policies
Chapter
13 - Receiving Controls
Alternative
Receiving Control Systems
Control
System for Receiving with a Manual System
Controls
for Receiving with a Computerized System
Additional
Receiving Controls – Fraud Related
Additional
Receiving Controls – Periodic Actions
Additional
Accounting Policies
Alternative
Payroll Control Systems
Control
System for Manual Payroll
Control
System for Computerized Payroll
Control
System for Outsourced Payroll
Control
System for Cash Payroll Payments
Additional
Payroll Controls – Trend Analysis
Additional
Payroll Controls – Fraud Related
Additional
Payroll Controls – Periodic Actions
Additional
Payroll Controls – Related Activities
Additional
Accounting Policies
Chapter
15 - Fixed Asset Controls
In-Process
Fixed Asset Controls
Alternative
Fixed Asset Control Systems
Additional
Fixed Asset Controls – Fraud Related
Additional
Fixed Asset Controls – Periodic Actions
Additional
Accounting Policies
Chapter
16 - Treasury Controls
The
Cash Forecasting Controls Environment
The
Funds Investment Control Environment
The
Debt Procurement Control Environment
The
Stock Issuance Control Environment
Additional
Treasury Controls – Fraud Related
Chapter
17 - Financial Reporting Controls
In-Process
Financial Reporting Controls
Additional
Controls for Public Companies
Balancing
Controls against Speed
Additional
Financial Reporting Controls – Fraud Related
Additional
Financial Reporting Controls – Periodic Actions
Additional
Accounting Policies
Information
Technology Controls
Inventory
Recordation Controls
Controls
for Cost Plus Pricing Arrangements
Controls
for Fixed Fee Pricing Arrangements
Controls for Internal Projects
Final Examination…………………………………………………………………………………………………267