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Essay / Research Paper Abstract
This 4 page paper demonstrates how a flow chart can be used in accounting to trace the accounting system. Issued invoices are used as an example. The paper then shows how placing the system into a flow chart can highlight potential improvements in the system. The bibliography cites 1 source.
Page Count:
4 pages (~225 words per page)
File: TS14_TEflowch.rtf
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Unformatted sample text from the term paper:
the way in which it operate may be understood. For auditing as well as accounting the use of flowcharts can be invaluable, There are two types of flowchart, document flow
charts and information flow charts. In accounting it is most common to form a document flow chart. The flowing is a simplified typical example.
By looking at the flow chart produced there is the beginning of the process will an order produced, this is then followed though with the creation the invoices
for the order which will then go into the dispatch department who will pit the order together using these noted. The order will then be dispatched., Sat this stage there
are usually at least three noted, one of which will be left with the customer, one with the dispatch department and one which will then be sent back to accounts
to finalise the order. Sales Dept Accounting Dispatch
The student can then use the same process to bring the invoices back through the accounts and to be closed when payment is received.
The flow chart is not completed due to the page constraints placed in the paper. This completes the chart as this needs to follow the creation of the document form
the cradle to the grave (ACCA, 1998). In looking at the sales department the actual flow is limited. The process begins with
the taking of the order. The process will then start with a check, indicated by functions which may be manual or automated with the creation of the accounts order and
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