The integrity of your accounting system’s information is only as good as the data you enter. This includes adding an item to the relevant account, giving it the appropriate description or code, and entering the correct value.
Business management accounting errors, unfortunately, can result from simple mistakes or misconceptions of accounting concepts. When evaluating accounting reports, look for the following types of errors.
View Source: https://emperiortech.com/common-mistakes-in-management-accounting/
