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Mar 12

Written by: Eugenia Maila
3/12/2008 6:18 AM 

Control Systems:  Internal Control, Internal Audit and External Audit.

Internal control:  Refers to the methods and procedures used to provide reasonable assurance regarding the achievement of objectives in the following catagories:

  • the reliability and validity of financial recording and reporting;
  • safeguarding assets;
  • compliance to policies, laws and regulations; and
  • promoting effectiveness and efficiency of operations.

Components of Internal Control

  • Control Environment
  • Risk Assessment
  • Control Activities
  • Communication/ Information
  • Monitoring

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24 comment(s) so far...

BCM: Accounting

i want to engage in the accounting discussion, because the lecturer has given the assignment so that i can be able to teach learners how to engage themselves please help me so that i can be able to print the result and send it to the lecturer

By 1 on   8/18/2008 6:12 AM

BCM: Accounting

Ok im a little bit confused about what excatly you want from me,just be more specific

By 1 on   8/21/2008 3:17 AM

BCM: Accounting

I am looking for teaching post.I have Bachelor of Accounting.I am currently working at Auditor General as an trainee accountant.I am busy with Bachelor of Accounting Honours at Unisa.

By 1 on   9/14/2008 10:33 AM

BCM: Accounting

Economics examination guidelines

By 1 on   9/16/2008 8:46 AM

BCM: Accounting

Does anyone have an idea for a Grade 10 Project for the second term?  

By 1 on   2/25/2009 3:14 PM

BCM: Accounting

does anyone hev an idea where can i find the published financial statement of any company?

By 1 on   3/9/2009 4:04 AM

BCM: Accounting

Lucky yes you can go onto Sasol's website to get financials

By 1 on   3/24/2009 3:57 AM

BCM: Accounting

Chantal C.  We did indiginous accounting systems. Just to cover some of that.  Basicly the learners had to research a informal business and how they do there books...  Found a couple of very interesting projects...

By 1 on   4/20/2009 12:35 PM

Re: BCM: Accounting

I would like to know all the aspects of accounting so that I can be a responsible charted Accountant. And also I would like to teach it at the school.The reliability and validity of financial recording and reporting is very important.

By roberto on   4/17/2010 2:50 AM

Re: BCM: Accounting

Hi BCM I can just encourage u to visit third year accounting books it has some of the information you need.

By T-Touch on   4/24/2010 12:37 AM

Re: BCM: Accounting

Limpopo Accounting educators: Help us to form a reliable accounting committee for all aspects needed by the department. Call 0837260719 HOD: TSHIVHASE HIGH SCHOOL VHEMBE
JOIN THE WINNING TEAM NOW!!!

By mangwistos on   5/23/2010 11:08 PM

Re: BCM: Accounting

hi guys. i would like to know how you guys are teaching accounting. I have been teaching accounting but i do not get the results that i want.

By wcc on   1/13/2011 1:26 AM

Re: BCM: Accounting

To WCC. Send me ur e-mail to 0837260719: My results are outstanding, 2009 all 120 learners passed (100 percent), 2010 out of 140 learners only three failed (97,3 percent) this year 100 percent and all above 60 percent.

By mangwistos on   2/13/2011 12:45 PM

Re: BCM: Accounting

dear colleagues currently im doing PGCE and acounting is one of my major subject and i want know what is it expected of me and what can i do to become a good accouting teacher?

By neliswa.mpembe on   2/21/2011 11:30 PM

Re: BCM: Accounting

hey guys

I want to know why pastel accounting and ethics are not introduced in FET phase so that at least the learners have background on pastel accounting and ethics when they come to tertiary institutions. The reason why i ask this is because in current years learners must be engaged in using technology to do thier school work

By franjie on   2/21/2011 11:32 PM

Re: BCM: Accounting

My name is Tshegofatso, i would like to say when you do B.Com Accounting you have chances for getting a job, but it is challenging that course for being Charted accountant is not easy anymore because it it difficult. Nna i want to become a teacher for B.Com Accounting i like it from the start.

By 17071585 on   2/24/2011 3:05 AM

Re: BCM: Accounting

I want information on balance sheet

By selemani on   3/18/2011 7:36 AM

Re: BCM: Accounting

My name is josephine Awudetesey. I like accounting even though its not easy to get a job , am now doing PGCE because I can get a job to teach.

By selemani on   3/18/2011 7:47 AM

Re: BCM: Accounting

Re:PGCE Coleage
In order to be a good Accounting teacher, you need to engage yourself in research work so that you transform a quality education. you must also have sound knowledge of leaning theories. current learners must engage in using technology but due to shortage of resources, we do not have pastel accounting in FET phases

By 23175419 on   3/18/2011 7:49 AM

Re: BCM: Accounting

My name is Alpha to me I want to know more about history becouse some people say that human being comes from monkey.

By selemani on   3/18/2011 7:55 AM

Re: BCM: Accounting

my name is Norah mogale,i think there are plenty of accounting jobs out there.i am one of the people who completed Bcom in accounting,year 2008 and even though i didnt get the job of my qualifications but at the ultimate i am working as an educator.And i am currently doing PGCE

By DENORAS on   3/18/2011 7:56 AM

Re: BCM: Accounting

im teaching mathematics and learners always come to ask for help in accounting. how do u do that if theres a teacher responsible for the subject especialy if u have to do it in a political environment.

By 18021689 on   3/18/2011 8:11 AM

Re: HOD: TSHIVHASE HIGH SCHOOL VHEMBE

HI, you are doing very well, you know im based at BUSHBUCKRIDGE where there's a shortage of good Accounting Teachers, I was appointed earlier this year to be responsible for ACCOUNTING GR 11 & 12, the school was not doing well even though the educator who was with them has BCOM (ACCOUNTING) from UNIVERSITY OF LIMPOPO, The starts for the school are as follows. In 2008 out of 27 learners, only 6 PASSED and now of these learners got more than 50%, in 2009 there were 27 Learners again, but this time only 4 made it and non of them again got more than 50%,

Then in 2010, the school heard of me and they asked me to come and assist them
It was in october and I heard to see them during the remaining saturdays before they write the examination, I managed few days with them and for the 1st time the school get more than 50%, and the results were 55.6% =20 of 36 Learners.

My challenge is to improve this results to reach atleast 80% this year and hopeful more than 90% next year.

I need help with sharing materials with you. e.g You may email me your CLASS TESTS and the MEMOS, CONTROLLED TESTS and the MEMOS, CLASS NOTES, etc. so that I can help this learners.

I have partially completed my Bcompt (Bachelor of Accounting Sciences Degree) and have already completed my ACCOUNTING up to ACCOUNTING 300 but im still left with AUDITING 3, anyone who have anything relating to AUDITING 3 (UNISA) may also help me. My email address is gustusjustice@gmail.com

By gustusjustice on   4/23/2011 11:19 AM

Re: BCM: Accounting

I need to explain to the grade 11 leraners the Work in process transactions in a a manner that is simple to understand. What methods can I use?

Grade 11s haven't grasped the concepts for clubs. How can I revise this ?

By Phekunp on   8/31/2011 1:01 PM
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