Flowcharts - Documenting the accounting system
Depict in outline the sequence of events in a system showing document flow and department or function responsible for every event.
Advantages:-
Easier to read and understand for larger more complex systems
Highlight key features and controls
Standerdized
Easy to update and little narrative
Disadvantages:-
Requires formal training to understand notation used
time consuming to prepare
may missout crucial detail because of little supporting narrative