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Subject Topic: A4 - Transaction Cycles "ARC" (Topic Closed Topic Closed) Post ReplyPost New Topic
  
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CPAman78
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Joined: 14 Apr 2012
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Posted: 30 Jul 2012 at 11:39 | IP Logged  

Hello! Hope everyone is doing good. I'm using Becker to study for AUD and A4, which is on transaction cycles, is just killing me. I know a good way for these transaction cycles is to be able to identify the "ARC" (Authorization, Recordkeeping, and Custody).

However, it seems like for some of the transaction cycles, Becker didn't really talk about the "ARC" in some of the cycles, which is why I'm having a hard time identifying which departments are responsible for what.

With that being said, is it possible for someone to please post the "ARC" for each of the 7 transaction cycles, just so I can keep a document with all of them on there? That would be great. Thank you so much for the help!!!
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