Accounting Control Best Practices

In today's environment of increased scrutiny to corporate governance matters, every employee in an organization has a stake in the control process, especially those responsible for accounting policies and procedures. Whether your company is in start-up mode, installing new systems, or simply dissatisfied with existing controls due to fraudulent losses, Accounting Control Best Practices is an easy-to-use handbook that will show you how to develop an effective system of accounting and operational controls.Author and renowned accounting expert Steven Bragg offers the best practices with pragmatic insights. His proactive strategies show organizations how to protect against further substantial losses of assets and reputation that occur from financial dishonesty.Every chapter includes control flowcharts-divided into primary and ancillary controls-for all major processes as well as a thorough set of corporate policies designed to support the system of controls. Useful for accounting managers, systems analysts, and internal and external auditors, this valuable reference handbook is the only book in the area of fraud that provides a detailed analysis of control systems with essential information on: Choosing new, technologically advanced controls to replace existing ones The costs and impacts on profit for each control The best controls for specific types of manufacturing systemsAccounting Control Best Practices encompasses all of the major accounting and operational processes with more than 400 controls presented in basic, intermediate, and advanced layers-from those needed for a very basic paper-based system, to computerized systems, to the use of advanced best practice enhancements in computerized systems. This in-depth treatment makes Accounting Control Best Practices the guidebook needed to ensure that a company has constructed a durable and efficient set of controls.