My knowledge of standard accounting codes, classifications, and terminology stems from my recent completion of Principles of Accounting course, my detail with the Office of Chief Financial Officer (OCFO), and my serving as back up to the Corporate Technician in the Office of Corporate Credit Unions. I learned how to prepare and process financial statements such as income statements, balance sheet statements, statement of change in owners equity, and statement of cash flows through the college course I attended. Working with the OCFO in the Share Insurance Division enabled me to apply my knowledge with the responsibility of preparing the cash flow utilizing Cash Link's voucher summaries reports, the federal investment (via internet), deposit slips share insurance may have received, maintaining a zero balance with Mellon Bank by wiring funds or requesting a transfer in of funds on a daily basis and calculating the investment to be sent to the Bureau of Public Debt on a daily basis. Assisted in reconciling cash balance monthly. While working with Share Insurance, I was exposed to the agency

My knowledge of automated accounting controls mostly stems from my Principles of Accounting course. It is my understanding that internal controls are needed in order for managers to control and monitor business activities. This includes policies to direct operations, procedures t o ensure reliable financial reports, safeguards to protect assets, and techniques or methods to achieve compliance with regulations and laws. I learned that there has to be a segregation of duties. I became familiar with that aspect when posting journal vouchers in SAP. If debits did not equal credits, there was an error generated while keypunching the information into SAP. There are five accounting system components. Source documents such as bank statements (Mellon Bank), checks received from other credit unions are the beginning component in processing in an accounting system. Input devices such as journal entries whether electronic or hard copy capture the information provided by checks from credit unions or statements from Mellon Bank. I prepared numerous journal vouchers for Mellon wire and lock box (LB AMAC) that were later keypunched into SAP and provided a SAP entry number. Information processors such as ledgers, working papers, and posting procedures assist in transforming raw data into useful information. I posted numerous journal vouchers in SAP ensuring that all information was keypunched correctly. This includes ens

Some topics in this essay:
Share Insurance, LB AMAC, Principles Accounting, Mellon Bank, System MIS, Congress GAO, Access SAP, , Credit Unions, Microsoft Access, share insurance, credit unions, public debt, journal vouchers, bureau public debt, accounting system, bureau public, standard accounting codes, microsoft access, mellon bank, accounting codes, standard accounting, accounting codes classifications, debits code 40, credits code 50,