Accounting Information Systems: The Processes and Controls, 2nd Edition

CHAPTER 10

Expenditures Processes and Controls—Payroll and Fixed Assets

STUDY OBJECTIVES

This chapter will help you gain an understanding of the following concepts:

1. An introduction to payroll and fixed asset processes
2. Payroll processes
3. Risks and controls in payroll processes
4. IT systems of payroll processes
5. Fixed asset processes
6. Risks and controls in fixed asset processes
7. IT Systems of fixed asset processes
8. Ethical issues related to payroll and fixed assets processes
9. Corporate governance in payroll and fixed assets processes

THE REAL WORLD

Soon after implementing a new ERP system in ...