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Internal Accounting Systems and Controls

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Description

Internal Accounting Systems and ControlsThis unit teaches students to consider the role and responsibilities of the accounting function, including the needs of key stakeholders who use financial reports to make decisions. This unit has close links with: Level 3 Business Awareness Level 4 Applied Management Accounting Level 4 Audit and Assurance Internal Accounting Systems and Controls is a mandatory unit. Learning outcomes: Understand the role and responsibilities of the accounting function

G Employability and technology skills

H Corporate fraudulent and criminal behaviour

there are more questions that emerge

Record period end adjustments

Apply business procedures to sales and purchases

This unit encompasses the key areas of planning

Wherever business is conducted the legal and administrative framework underpins commercial activity

This unit focuses on the importance of managing cash within organisations and covers the knowledge and skills required to make informed decisions on financing and investment in accordance with organisational policies and external regulations

as well as the ability to apply it

This syllabus assumes prior knowledge and understanding of the accounting topics in Financial Accounting (FA) (with the exception of group financial statements)

E Review and reporting

Our Level 3 Study Pack consists of the Course Book

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