Please enable JavaScript.
Coggle requires JavaScript to display documents.
Production & inventory cycle, Internal controls - Coggle Diagram
Production & inventory cycle
Production planning & design
Daily production report
Production manager generates CJC or IJC
Raw Materials used
Direct hours worked by labor staff
Machine hours
Reviewed by management for any thing unusual
Authorization from production manager with CPO or IPO
Production Processing
Production manager issues RMI
Daily production report
copy is compared with raw material masterfile
Time spent on each stage , CJC, reconciled
Quality control Inspection of finished goods
Trf of finished goods is authorized by production manager
Differences in variances to be assessed by production manager
Inventory management
Update relevant ledgers
Acc dpt to ensure allamounts are recorded correctly
Internal controls
Segregation of duties