Course ID: AAC10308E - Accounting Control Best Practices
Course Text: Accounting Control Best Practices (Text not included - this is an Exam only course)
Text Author: Steve M.Bragg
ISBN:0-471-35639-5

$43.50 Exam ONLY

Exam Only $43.50
Credit Hours: 14 CPE Hours: Accounting
Course Level: Basic
Course Description:  Accounting 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

Author:  Steven M. Bragg, CPA, CMA, CIA, CPIM has been the CFO or controller of 4 companies, as well as a consulting manager at Ernst & Young and an auditor at Deloitte & Touche. 

Learning Objectives: To familiarize accounting and financial professionals on how to develop and tailor an effective system of accounting and operational controls to meet the needs of their company.

A copy of the exam is below and is the same as the on-line exam.  To view the exam click here. 

From the Inside Flap
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 systems

Book Table of Contents:

• Preface.

  Patricia's comments:  Controls are clearly explained and nicely laid out and cover every aspect of the business. Since many of the same controls are used in a paperbased and computerized systems, sometimes the author seems a bit repetitive. The control flowcharts are nice and should be a great starting point for someone looking to enhance or develop their own controls.

   

  Other comments/reviews: "Accountants, analysts, and system designers will find this an excellent tool. Real examples define and demonstrate effective control points, while keeping practicality and efficiency in mind. A great addition to my library."
  -Clint Davies Principal Berry, Dunn, McNeil & Parker
  
  "A cornucopia of control ideas organized by process and explained in simple terms to ensure quick implementation."
  -Richard B. Lanza, CPA/CITP, CFE, PMP President Cash Recovery Partners, LLC
  

       

   

• About the Author.
• Chapter 1. Introduction.
• Chapter 2. Controls for Accounts Payable Best Practices.
• Chapter 3. Controls for Order Entry, Credit, and Shipment Best Practices.
• Chapter 4. Controls for Inventory Management Best Practices.
• Chapter 5. Controls for Billing Best Practices.
• Chapter 6. Controls for Cash-Handling Best Practices.
• Chapter 7. Controls for Payroll Best Practices.
• Chapter 8. Controls for Fixed Assets Best Practices.
• Index