how does it detect errors and ddeficiency

• compares budgeted vs actual budgeting reports which reveals variances to be investigated

  • glaring unfavorable variances can pinpoint areas for further investigation

  Compare bank statements with actual receipts to revel irregularities in cash holdings

  Trace flow of source documents in accounting systems

  Compare stock take records with computer systems related to inventory orders, sales and store management

  Analyse level of customer service complains vs customer service policy
• stocktake?

  compare stocktake records with computer systems related to inventory orders, sales and store management
• customer service?

  analyse level of customer service complains against customer service policy
• source doc?

  trace flow of source documents in accounting systems
• bank statemetn?

  compare bank statements with actual receipts -> reveal irregularities in cash holdings
• reports?

  compares budgeted and actual budgeting reports -> reveal variances to investigated

  • glaring unfavorable variances can pinpoint areas for further investigation