Steps of Accounting Cycle

The steps of accounting cycle include the processes of identifying, collecting, analyzing documents, recording transactions, classifying, summarizing, posting, and preparing trial balance, making journal entries, closing the books and final reporting financial information of an organization.
Use the ConceptDraw PRO with Accounting Flowcharts Solution to create your own professional Accounting Flowcharts of any complexity quick and easy.

Audit Steps

Audit Steps - The auditing process is an independent examination of data, statements, operations, records, financial or otherwise performances of an enterprise for any stated purpose. It is a complex process that includes 10 audit steps: Notification, Planning, Opening Meeting, Fieldwork, Communication, Draft Audit, Management Response, Final Meeting, Report Distribution, Feedback.

Why flowchart is important to accounting information system?

Flowcharts are used to represent accounting information in a system. There are special symbols which are used to create accounting flowcharts.

Accounting Data Flow from the Accounting Flowcharts Solution

Accounting Data Flow from the Accounting Flowcharts Solution visually describes the financial accounting process, shows the accumulated information about transactions and events for creating the balance sheet and the final income statement.
Accounting Flowcharts Solution contains also a wide variety of templates and samples that you can use as the base for your own Accounting Flowcharts of any complexity.

Audit Process Flowchart. Audit Flowchart

Audit Process Flowchart, Audit Flowchart - Audit Flowcharts solution for ConceptDraw PRO Solution Park provides the Audit Flowcharts library with wide variety of predesigned audit flowchart symbols, and also the set of templates and samples allowing you design your own audit flowchart or audit process flowchart in one moment. Simply use any of offered samples and change it for your needs, or fill the desired template.

Business Processes

The most worked out and commonly used methodology of business processes description is IDEF methodology. Besides business processes it allows to describe functional blocks, for example production and marketing. ConceptDraw lets creation of business processes description using IDEF0 and IDEF2 methods.

Purchase Process Flow Chart, Receiving Process Flow Chart, Accounting Flowchart Example.

The purchasing process follows very specific guidelines and includes a purchasing cycle flowchart and receiving process flow chart. Common key elements of purchasing process.
It is important to know how purchasing processes work and how each operation is done.

Types of Flowcharts

A Flowchart is a graphically representation of the process, algorithm or the step-by-step solution of the problem. There are ten types of Flowcharts. Using the Flowcharts solution from the Diagrams area of ConceptDraw Solution Park you can easy and quickly design the Flowchart of any of these types.

Process Flowchart

ConceptDraw is Professional business process mapping software for making process flow diagram, workflow diagram, general flowcharts and technical illustrations for business documents. It is includes rich examples, templates, process flowchart symbols. ConceptDraw flowchart maker allows you to easier create a process flowchart. Use a variety of drawing tools, smart connectors, flowchart symbols and shape libraries to create flowcharts of complex processes, process flow diagrams, procedures and information exchange.