Main focus of this lecture is Revenue and Cash Collection Processes and Controls. Revenue and Cash Collection Processes and Control introduces you in simple and clear language to the technology utilized by accountants. Using simple process maps, document flowcharts, and data flow diagrams, this comprehensive yet easily comprehended book defines business processes and explains the foundational concepts of accounting information systems (AIS). The Accounting System uses this flow of sales documents to various departments to record, summarize, and report the results of the sales transactions.
