Electric Railway Accounting the Monthly Report the Accounting Department And
Electric Railway Accounting the Monthly Report the Accounting Department And
Walter Belding 1870 Brockway
The book Electric Railway Accounting the Monthly Report the Accounting Department And was written by author Walter Belding 1870 Brockway Here you can read free online of Electric Railway Accounting the Monthly Report the Accounting Department And book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is Electric Railway Accounting the Monthly Report the Accounting Department And a good or bad book?
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This is not often done, but it should be. Particular care must be used when two departments are interdependent in the same transaction, say, for instance, the 'accounting and the treasmy departments. In cases of this kind, one department begins a transaction and the other fin- ishes it. Conditions such as this give openings for entries and changes in amounts and carelessness that require a posi- tive check and verification. From the foregoing it will be seen that there is more to an expert exam...ination than the mere statement that the books and the balance sheet and income account as shown agree. Nor is it enough to say that the books are neatly kept. What is needed is the assurance that everything on the books be- longs where it has been placed, and that everything ascertain- able has been recorded. And further, that the values shown are accurate. It is not reasonable to expect that all expert accountants can do this. An expert in commercial lines is not always qualified to examine and pass upon the accounts of an electric railway.
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