Subscribe for NewsLetters
Email: *
 
First Name: *
 
Last Name:
 
Organization:
 
Position:
 
Country:
Enter Captcha:*
captcha
Search_btn
Wk Audit Net 468x60 Ad 1
Workiva Auditors Playbook 468x60 1
Accounts Receivable Control-Service Industry

Name

Accounts Receivable Control-Service Industry

Description

Accounts Receivable audit procedures

Objectives:

i) to ensure effectiveness of credit and collection policies.

ii) to ensure credit and collection policies are adhered to.

iii) to ensure credit administration are properly performed.

iv) to ensure accounts receivable due from credit card companies are settled on timely basis.


Audit Procedures:

1. Policies review

i) Review credit and collection policies and procedures.

ii) Ensure credit control includes customer acceptance policy, assess of credit rating, proof of existence of customer (for corporation - business registration and address; for individual - identity card and utility bill), maintain of credit files and annual review of customer credit rating.

For the rest of the procedures login to your subscription

Standard (Non-IT) Audit Program

You need to login to add your comment

0 Comments

Download

This file is only available to premium subscribers or site license users. Please log in or sign up for a subscription to get this file.

Subscription Level

Premium

Type

Procedures

Language

English