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 with a company. So there is a trade-off between asset control and efficiency. This is a continuing problem for corporate managers, whomust constantly re-evaluate their control systems as the company lines of business and systems change. If the reviews are not conducted on a regular basis,losses may be concurred caused by fraudulent activities or improperly designed systems. The only alternatives available to managers who need to examine their control systems are to hire consultants, conduct an internal audit review, or pore through textbooks. Accounting Control Best Practices is designed as a reference manual for these managers, who will use it to determine the cost, impact on efficiencies, and specific types of prevention associated with each control.
- ISBN: 978-0-470-40542-0
- Editorial: John Wiley & Sons
- Encuadernacion: Cartoné
- Páginas: 295
- Fecha Publicación: 09/04/2009
- Nº Volúmenes: 1
- Idioma: Inglés