Optimal Accounting for Cash#368718
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Credit
Amount
CPA
1
Course Description
Course publication/revision date: This course was updated on 6/5/2018.
The processing of checks and cash is one of the most inefficient processes in a business, since it is blanketed by the controls needed to minimize theft. Optimal Accounting for Cash shows how to sidestep these inefficient processes by taking a different approach to the handling of checks and cash. The course also covers the most essential controls needed to minimize the theft of cash, and notes how these changes impact the annual audit, closing the books, and instances of fraud.