This event is most important for the Social Network of Latin America and
the Caribbean. The network has allowed La Red Social to cooperate among
various countries in the struggle against poverty. It recently also completed
an important study of the potentials and the limitations of social funds.
Social funds, created as instruments of the social policy pursued by each
country, were designed to mobilize resources rapidly for the financing of
social action programs.
Chapter 10 - Cash and financial investments. This chapter described the fundamental controls over cash receipts and disbursements and financial investments. It also explained how the auditors design tests of controls for cash and financial investments and substantive tests for these accounts.
This chapter explain the basic business activities and related information processing operations performed in the expenditure cycle. Discuss the key decisions to be made in the expenditure cycle, and identify the information needed to make those decisions. Identify major threats in the expenditure cycle, and evaluate the adequacy of various control procedures for dealing with those threats.
Chapter 7 - Fraud, internal control, and cash. Learning objectives of this chapter include: Define fraud and internal control, identify the principles of internal control activities, explain the applications of internal control principles to cash receipts, explain the applications of internal control principles to cash disbursements, describe the operation of a petty cash fund,...
Define what is meant by internal control and describe some key elements of an internal control system for cash receipts and disbursements.
Encourages adherence to company policies and procedures Promotes operational efficiency Minimizes errors and theft...
A further example of process redesign for manufacturability is Boeing’s Point of Use system for chemical
materials. This enables the storage of materials where the production process utilizes them, as opposed
to the previous system which utilized centralized chemical disbursement centers that entailed frequent
machinist travel over substantial distances and greater overall chemical usage and waste. Generally, point
of use efforts enable the storage of materials where the production process utilizes them.
Chapter 4 - Cash and internal controls. After studying this chapter, you should be able to: Discuss the impact of accounting scandals and the passage of the Sarbanes-Oxley Act; identify the components, responsibilities, and limitations of internal control; define cash and cash equivalents; understand controls over cash receipts and cash disbursements; reconcile a bank statement.
After Studying Chapter 9, you should be able to: List and explain the motives for holding cash, understand the purpose of efficient cash management, describe methods for speeding up the collection of accounts receivable and methods for controlling cash disbursements,...
Chapter 6 - Reporting and analyzing cash and internal controls. In this chapter, you will learn: Define internal control and identify its purpose and principles, define cash and cash equivalents and explain how to report them, apply internal control to cash receipts and disbursements, compute the days’ sales uncollected ratio and use it to assess liquidity,...