Financial Education - Economic management at any level of organization of the entity

In business accounting, internal control is understood as the administrative and accounting action that is essential to guide companies, fundamentally towards a process that allows them to guarantee effectiveness, efficiency and economic management at any level of organisation of the entity.

Basically, this is guaranteed through activities aimed at promoting and facilitating the correct execution of functions and activities, hence, the management of current assets must be incorporated into this type of accounting surveillance actions in order to be able to recognise their real value for the provision and taking of business decisions.

For these reasons, the purpose of this publication is to analyse and share some accounting elements on the internal control measures of current assets, so that bank reconciliations are subject to control and correct management in order to optimise the effectiveness and efficiency of the commitments and goals established commercially by a given business entity.

In other words, the content in some way provides information that provides guidance on the management of current assets, i.e. the petty cash register, as well as the presentation of the financial statements required by the entity at the end of the accounting period.

From this practical point of view, the publication was justified because it has a panel of theoretical sources prior to this one that were based on the subject of internal control, in order to give readers the possibility of adequately constructing the accounting structure that will make it easier to investigate, diagnose and determine the phenomena that cause the problems of corporate internal control.