Accounting Proposal

Accounting Proposal

Introduction

The requirement in this topic is to prepare a proposal for the appropriate controls to cover cash, sales, accounts receivable, inventory and production. The appropriate control over cash, sales, accounts receivable, inventory and production certainly matters for any type of business. All these components are the major elements of the Balance Sheet of the company. These items are listed under the Current Assets section as it they affect the day to day running operations of the business. Therefore, all the issues and aspects related to Accounting Proposal will be discussed in detail.

Discussion

The business firm must have a control ...