September 1, 2014 Principles of Accounting 10: Actively communicate

Active notification occurs when all parties in a transaction are aware of their shared responsibilities to see the task completed. Often, workers in the Accounting department will require someone else to do a small piece of work, so they can complete a task.

Workbook: Download this 5 page (704Kb) PDF. Print in black-and-white, and add notes in the indicated places.

Video

Size:  23.3 Mb, 5’45”

Assignment

Actively notify the Trainer of what assignments you have completed in the Principles of Accounting so far.

Email your trainer: using modern business systems in our decentralised environment, what are some ways active communication for a bank authorisation could go wrong? How could we mitigate those risks?

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