Errors at different stages of
accounting
In the accounting process, errors may occur in any of the following stages:
At this stage, the following
types of errors may occur:
a.
Error of
omission
b.
Error of
commission
c.
Error of
principle
At this stage, the following
types of errors may occur:
(a) Error of complete omission
(b) Error of partial omission
(a) Posting to wrong account
(b) Posting of wrong amount
(c) Posting to the wrong side
At this stage, the following
types of errors may occur:
a.
Wrong
totalling of accounts
b.
Wrong
balancing of accounts
At this stage, following types of
errors may occur:
Error of omission
Error of commission
(a) Entering to wrong account
(b) Entering wrong amount
(c) Entering to the wrong side of trial balance, etc.
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