Accounting Information Systems ACCOUNTING SYSTEMS‚ INTERNAL CONTROLS‚ AND ETHICS Prepared for the course team by Vimlesh B. Narayan Unit 1 Contents Unit 1 Contents 2 Concept Map 3 Learning Outcomes 4 1.1 Introduction 5 1.2 Accounting System Design 6 System Objectives and Design Factors 6 Designing the System 8 1.3 Internal Control Systems 17 Objectives of Internal Control Systems 17 Structure of Internal Control Systems 18 Why You Should Consider the Components? 21 Internal
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Measures used to control enslaved Africans Colonial assemblies and individual planters used and instituted many methods that ensured that the slave population was subdued and subservient. Such methods included: Economic Control a) There was severe limitation on free time for the enslaved as free time was equated to loss of production time on the estate. As a result‚ a structure of economic dependence was created whereby enslaved Africans relied on the planter for their food‚ shelter and clothing
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Environmental pollution‚ problems and control measures A. Introduction and definition of environmental pollution – We know that‚ a living organism cannot live by itself. Organisms interact among themselves. Hence‚ all organisms‚ such as plants‚ animals and human beings‚ as well as the physical surroundings with whom we interact‚ form a part of our environment. All these constituents of the environment are dependent upon each other. Thus‚ they maintain a balance in nature. As we are the only organisms
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| |microorganism being used or made‚ | | | |or hazardous procedure or |Nature of the hazard(s) |Control measure to reduce the risks | |equipment | | | |Ethanol |Harmful
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SHAKESPEARE sillagescritiques.revues.org/2544 Act 3 sc 2 l83-164 1) Who / where / when & possibly why 2) Obvious elt : dramatic irony => 2 levels of reading 3) Lucio / Duke both serve as go-btwn in the play‚ go from one group to another. Both contribute to knitting all different trends in play. 4) Importance of use of words‚ which is all that’s going on in this particular extract 5) Lucio paired with other char‚ all sorts of unlikely combinations in play‚ for eg with Isab at convent. Here
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Special Journals and Subsidiary Ledgers The four different types of special journals are sales journal‚ cash receipts journal‚ purchase journal‚ and cash payments journal. Special journals reduce the time needed to complete the posting process and they permit greater division of labor‚ this allows several people to record entries in different journals at the same time. When a transaction cannot be recorded in a special journal it is recorded in a general journal. A sales journal would
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A subsidiary ledger is a group of accounts with a common characteristic. Its purpose is to free the general ledger from the details of the individual balances. It is an addition to‚ and an expansion of‚ the general ledger. A control account is a general ledger account that summarizes subsidiary ledger data. Its purpose is to keep the general ledger free of details‚ yet have the correct balance for the financial statements. The two general ledger accounts that may act as control accounts for a
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Folio Amount 2014 $ 02-Mar M. Davis 2‚890 06-Mar G.Hinkson 3‚560 P. Wendell 1‚470 19-Mar T.Rudder 930 transferred to sales account 8‚850 Jackie’s Grocery Sales Ledger Date Details Folio $ Date Details Folio $ M.Davis A/c 2014 02-Mar Sales 2‚890 G.Hinkson A/c 06-Mar Sales 3‚560 P.Wendell A/c
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Internal Accounting Control 1 Chapter 1 – Accounting Information Systems AIS (Romney) is een systeem voor betrouwbare informatie t.b.v. besluitvorming en verantwoording bestaat uit mensen‚ procedures‚ en systemen met als hoofdfuncties: het verzamelen en opslaan van gegevens over bedrijfstransacties zodat de organisatie kan vaststellen wat er is gebeurd het management voorzien van relevante besluitvormingsinformatie het zorgen voor adequate beheersmaatregelen om te waarborgen dat de informatie
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A subsidiary ledger is a ledger that includes all of the details of a general ledger‚ and it holds accounts with similar attributes. The purpose is that is can contain things such as accounts receivable and accounts payable and it can show the sum total. The advantages of using subsidiary ledgers is that the sum of all the accounts is kept in the General Ledger and all of the details of the accounts are kept in the subsidiary ledger which is separate so you can keep them in different columns so to
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