Table of Contents

Prelims List of figures and tables Elements of competency and performance criteria Preface and acknowledgements Chapter 1 Corporate governance Chapter 2 Internal Control basics Chapter 3 Internal Controls for the accounting function Chapter 4 Internal Controls in operations – sales, order entry, Credit Control and accounts receivable Chapter 5 Internal Controls in operations – purchasing, receiving and accounts payable Chapter 6 Internal Controls in operations – cash receipts and liquid assets Chapter 7 Internal Controls in operations – cash payments and liquid liabilities Chapter 8 Internal Controls in operations – Human Resources and payroll Chapter 9 Internal Controls in operations – inventory and stock control Chapter 10 Internal Controls in operations – non-current assets and business financing Chapter 11 Information technology applications and operations Chapter 12 Monitoring corporate governance – internal audit Chapter 13 Monitoring corporate governance – external audit Chapter 14 Monitoring corporate governance – ethics Glossary Answers to self-assessment case studies Index

About the Author

Alan Trenerry B.Com.,FCPA, Dip. Ed., JP, is a full time TAFE accounting teacher with 25 years experience. In June 2008 he was promoted to Head Teacher, Accounting & Finance, at Western Sydney Inst. TAFE, Blacktown campus with responsibility for over 500 students. As an auditor for a large global Australian company, he was involved in financial and operational audits., including exmanination of the efficiencies and effectiveness of stock controls, and system audits with an EDP emphasis. Financial audits included large corporations and non-profit organisations.