Understand a process without documenting the process

Assignment Help Financial Accounting

Reference no: EM131259551

In 100 Words or more, Can someone really understand a process without documenting the process? What are some common documentation tools? In your opinion, what types of documentation tools could assist in evaluating internal controls within an given accounting process or function?

Reference no: EM131259551

Questions Cloud

Money as cash and less in form of checkable deposits : Anything that would cause people to want to hold more of their money as cash and less in the form of checkable deposits would

Create to improve health care services accessibility : Justify whether or not you would consult the vulnerable group when developing programs or policies? Propose a policy you would create to improve health care services accessibility, cost, and quality related to your selected group?

Discuss how they experience the healthcare system in america : Analyze their cultural and social norms. Discuss how they experience the healthcare system in America. Discuss a program in your community, or the nearest large community, that serves immigrants and refugees.

Type of database report writing skills : In 100 words or more, If you were in my position as Executive Director of Finance and AIS, how would you respond? In your opinion do you feel it is important for an Accountant or Financial Manager to have some type of database report writing skills?

Understand a process without documenting the process : In 100 Words or more, Can someone really understand a process without documenting the process? What are some common documentation tools? In your opinion, what types of documentation tools could assist in evaluating internal controls within an given a..

Key differences between an intranet and an extranet : What are the key differences between an intranet and an extranet? Why should accountants understand these differences and how do these key differences impact how an organization will provide access to data? Include in your response an example of an i..

Create a data analysis report from the data : MKTG2010 Individual Data Analysis Report - The Marketing Manager has asked you to interpret the data, and provide recommendations regarding the company's research objectives have to create a Data Analysis report from the data.

Detail to obtain sufficient appropriate audit evidence : The Peak Sawmill Limited (Peak) operates a timber sawmill in a large regional town. It sources its raw material (pine logs) from a number of local growers and from its own plantations. List two key assertions at risk in relation to accounts payable. ..

Why are inventories valued at the lower-of-cost-or market : Why are inventories valued at the lower-of-cost-or market? What are the arguments against the use of the LCM method of valuing inventories?

User Account

All Pages