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Accounting Systems and Internal Controls

Accounting Systems and Internal Controls

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Published by warsima

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Published by: warsima on Oct 24, 2009
Copyright:Attribution Non-commercial

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11/23/2012

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Chapter Chapter 
55
 Accounting Systems and  Accounting Systems and  Internal Controls Internal Controls
Accounting,
21
st
EditionWarren Reeve Fess
PowerPoint Presentation by Douglas Cloud
Professor Emeritus of AccountingPepperdine University
 
 © Copyright 2004 South-Western, a divisionof Thomson Learning. All rights reserved.
Task Force Image Gallery 
clip art included in thiselectronic presentation is used with the permission of NVTech Inc.
 
 
Some of the action has been automated,so click the mouse when you see thislightning bolt in the lower right-handcorner of the screen. You can point andclick anywhere on the screen.
 
Some of the action has been automated,so click the mouse when you see thislightning bolt in the lower right-handcorner of the screen. You can point andclick anywhere on the screen.
 
 
1.Define an accounting system anddescribe its implementation.2.List the three objectives of internalcontrol, and define and give examples of the five elements of internal control.3.Journalize and post transactions in amanual accounting system that usessubsidiary ledgers and special journals.
ObjectivesObjectives
 
ObjectivesObjectives
 After studying this After studying thischapter, you should chapter, you should be able to:be able to:
 
 After studying this After studying thischapter, you should chapter, you should be able to:be able to:

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