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Accounting Policies & Procedures Manual
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Procedures Manual Sections:
Introduction to Accounting
This section provides an accounting primer to explain the basic concepts of accounting, its structure, standards and definitions.
Who Needs Accounting
Policies and Procedures?
- The Recent Past
- The Present
- The future
Accounting Basics
- Bookkeeping
- Accounting
- Reporting
- Non-financial data
- Financial data
Components of an Accounting System
- Revenue Cycle
- Order Entry
- Cash Receipts / Deposits
- Accounts Receivable
- Purchase Cycle
- Purchase Orders / Purchasing
- Cash Disbursements / Checks
- Accounts Payable
- Payroll Cycle
- General Journal Cycle
- How does posting work?
- Double-Entry Accounting
Basic Accounting Structure
- Balance sheet
- Income Statement
- Basic Accounting Formula
Summary Of Accounting Cycles & Accounting Concepts
Accounting Structure - Accounting Software Programs
Accounting Methods
- Accrual Method
- Cash Method
- Percentage of Completion Method
Reporting Standards
- GAAP - Generally Accepted Accounting Principles
- The Matching Principle
- Conformity
- Valuation
- Inventory Valuation
- Materiality
Types of Reports
- External Reports
- Compilation
- Review
- Audit
- SEC - Audit
- Internal Reports
Summary
Accounting References Laws and Regulations.html
