Accounting control

Accounting control is the manner in which processes are configured to manage risk within an organization. The targets of accounting control are to:

The system of accounting control may contain dozens or hundreds of separate control activities that are intended to work within the specific characteristics of a business. Thus, the accounting controls for a manufacturer are different from those of a distributor and retailer, even though all three firms may operate within the same industry.

Related Courses

Accounting Controls Guidebook