Describe in outline form the process of auditing accounts, Accounting Basics

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Describe in outline form the process of auditing accounts

Question: 1. Describe in outline form the process of auditing accounts recievable including the use of confirmations, the selection of recievables to confirm, the mailing process, the matter of dealing with response discrepancies.

2. What two alternative audit steps should be undertaken when recievables confirmations go unresponded to.

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Accounting Basics: Describe in outline form the process of auditing accounts

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Accounting Basics: Describe in outline form the process of auditing accounts

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