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Teaching Since: | Apr 2017 |
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Questions Answered: | 7559 |
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BS,MBA, PHD
Adelphi University/Devry
Apr-2000 - Mar-2005
HOD ,Professor
Adelphi University
Sep-2007 - Apr-2017
ACCT 504 Week 4 Understanding Internal Control and Reporting Cash
In this thread, we will talk about the importance of internal control in a business organization and the definition and reporting of cash on the balance sheet.Â
What is internal control and what are the objectives of a good internal control structure in an organization?Â
ACCT 504 Week 4 Accounting for and Reporting Receivables
Receivables constitute an important line item on a company's balance sheet. In this thread, we will discuss the accounting for receivables, the ways to estimate uncollectible accounts, and how companies manage their receivables.Â
How do companies account for the possibility that some of their customers might not pay down the road?Â
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