This chapter is organized into two main sections. The
first section presents the conceptual revenue cycle system. It provides an overview of key activities and the logical tasks, sources and uses of information, and movement of account- ing information through the organization. The section con- cludes with a review of internal control issues. The second section presents the physical system. A manual system is first used to reinforce key concepts previously presented. Next, it explores large-scale computer-based systems. The focus is on alternative technologies used to achieve various levels of organizational change from simple automation to reengineering the work flow. The section concludes with a review of personal computer (PC)-based systems and con- trol issues pertaining to end-user computing