How I resolved a $129.64 discrepancy [NOOK Book]

Overview

An Accounting Triumph: How I resolved a $129.64 discrepancy

This book illustrates the type of problem solving done by a cost accountant working for a public transit agency. Cost-allocation systems are widespread in government agencies but the process otherwise varies depending upon the computer software used and the way the accounting system has been developed.

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How I resolved a $129.64 discrepancy

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Overview

An Accounting Triumph: How I resolved a $129.64 discrepancy

This book illustrates the type of problem solving done by a cost accountant working for a public transit agency. Cost-allocation systems are widespread in government agencies but the process otherwise varies depending upon the computer software used and the way the accounting system has been developed.

This book tells the story of trying to resolve a $129.64 discrepancy in the agency’s accounting records. The term “line-gen” may not be understood outside the circle of those who deal with computerized accounting circa 1982 but it here becomes a factor in the reasoning process used to solve a problem. When you do specialized work for a bureaucracy, you acquire specialized knowledge and a private vocabulary.

Warning: This is not easy reading. However, it illustrates what goes on within an accountant’s mind in real-life problem solving.
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Product Details

  • BN ID: 2940012825377
  • Publisher: Thistlerose Publications
  • Publication date: 7/4/2011
  • Series: Adventures with Bill , #8
  • Sold by: Barnes & Noble
  • Format: eBook
  • File size: 40 KB

Meet the Author

The author was cost accountant at a public-transit agency for sixteen years. One of his tasks was to maintain and operate the monthly cost-allocation routine by which the computer assigns indirect costs to cost center and projects within the agencies. The story is set in a time (1982) when computer punch cards and paper print-outs were still used to process accounting information. The 21-digit account numbers controlled what would appear on the reports. When errors occurred, it took a complex type of reasoning to straighten out the problem. Only someone versed both in writing and accounting could write this story.
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