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Accounts Receivable Cycle
Riordan Manufacturing, an industry leader in the field of plastic injection molding, has facilities in California, Georgia, Michigan and China. The accounting functions are carried out in each individual location, and consolidated for processing in the corporate offices in California. The Georgia and Michigan locations, being newly acquired, are using systems that are not completely compatible with the corporate offices. This is causing problems on many levels and within this paper, Learning Team A will discuss the accounts receivable cycle as Riordan Manufacturing would like to achieve.
Learning Team A will discuss the strengths and weaknesses of the internal controls of the accounts receivable cycle, the integration of the cycle into enterprise wide accounting information systems and the different types of information systems that will be needed for the integration. Finally, Team A will present a flowchart showing how the accounts receivable information......
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Title: Accounting Cycle
Approximate Word Count: 960
Approximate Pages: 4 (250 words per double-spaced page)
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