Other Form of Name

Sevin, Charles H. (Charles Henry), 1910-

Document Type

Article

Publication Date

1945

Abstract

In the IBM Accounting Machine Method all the transaction information is transcribed into cards by punching holes in predetermined positions. For example, in sales accounting work, sections of the card are reserved for punched holes that show the invoice reference number, transaction date, sales district and salesman credited for the sale, the customer, the product sold, the quantity shipped and the financial amount of the transaction. (Abstract for Davison paper) The purpose of the following remarks is to compare IBM punched card accounting with other methods and to examine how and why IBM accounting procedures may provide the internal or independent auditors with an additional tool for carrying out certain phases of the examination. (Abstract for the Sparks paper)

Relational Format

pamphlet

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