Chapter 8 Accounting Controls and Budgeting
Money for which no receipt has been taken is not to be included in the accounts.
Managers monitor and regulate their programs in several ways. This chapter is concerned with one of the most important controls: the use of financial policies. Controlling purse strings involves numbers. This discussion is meant for readers who are not particularly numeric and who may never have taken a course in accounting. The principles involved are simple, but also are fundamental to the success of any organization. Managers of security programs need to be comfortable with basic accounting processes in order to speak the language and understand the concepts raised by financial managers. The discussion ...