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2. Accounts payable - Wikipedia

   en.wikipedia.org/wiki/Accounts_payable

   A variety of checks against abuse are usually present to prevent embezzlement by accounts payable personnel. Separation of duties is a common control. In countries where cheques payment are common nearly all companies have a junior employee process and print a cheque and a senior employee review and sign the cheque.

3. Invoice processing - Wikipedia

   en.wikipedia.org/wiki/Invoice_processing

   Once an invoice arrives, the accounts payable clerk must ensure that the document is indeed an invoice. Then the clerk classifies and sorts the invoice into various categories (e.g., by vendor, by transaction type, or by department). The definition of invoice categories is usually unique to a specific organization.

4. Accrued liabilities - Wikipedia

   en.wikipedia.org/wiki/Accrued_liabilities

   Examples would include accrued wages payable, accrued sales tax payable, and accrued rent payable. There are two general types of Accrued Liabilities: Routine and recurring; Infrequent or non-routine; Routine and recurring Accrued Liabilities are types of transactions that occur as a normal, daily part of the business cycle. [2]

5. Payable-through account - Wikipedia

   en.wikipedia.org/wiki/Payable-through_account

   For example, some U.S. banks merely request a copy of signature cards completed by the payable through customers (the customer of the foreign financial institution). These U.S. banks then process thousands of sub-accountholder checks and other transactions, including currency deposits, through the foreign financial institution's PTA.

6. Receipt - Wikipedia

   en.wikipedia.org/wiki/Receipt

   A receipt (also known as a packing list, packing slip, packaging slip, (delivery) docket, shipping list, delivery list, bill of the parcel, manifest, or customer receipt) is a document acknowledging that a person has received money or property in payment following a sale or other transfer of goods or provision of a service.

7. Accounting Standards Codification - Wikipedia

   en.wikipedia.org/wiki/Accounting_Standards...

   The Financial Accounting Standards Advisory Council then voiced its concerns due to the increase of financial reporting guidance from the old U.S. GAAP standards, and the FASB responded by launching a new project to codify the standards. The project was approved in September 2004 by the Trustees of the Financial Accounting Foundation. [2]

8. Operations, administration, and management - Wikipedia

   en.wikipedia.org/wiki/Operations,_administration...

   They are day-to-day organisational procedures: handover, escalation, major issue management, call out, support procedures, regular updates including emails and meetings. In this section group, you will find things like Daily Checklists, On-call and Shift rotas, Call response and ticket opening procedures, Manufacturer documentation like ...

9. Incorporation (business) - Wikipedia

   en.wikipedia.org/wiki/Incorporation_(business)

   There are a number of legal benefits that come with incorporation. One significant legal benefit is the protection of personal assets against the claims of creditors and lawsuits. Sole proprietors and general partners in a partnership are personally and jointly responsible for all the legal liability (LL) of a business such as loans, accounts payable, and legal