Control Accounts

2 Posts
1 Sections
1 Types

August 31, 2024 5 min read Definitions

Control Accounts: A Key Tool in Financial Management

Accounting Finance Management Control Accounts Accounting Finance Subsidiary Accounts Accuracy

An in-depth guide to control accounts, explaining their purpose, types, importance, and how they are used to maintain accuracy in accounting records.

August 31, 2024 4 min read Definitions

Interlocking Accounts: Accounting System

Accounting Finance Management Accounting Cost Accounting Financial Accounting Control Accounts Reconciliation

An accounting system that keeps cost accounting and financial accounting information separately, regularly reconciling the two by use of control accounts.