Audit of the Sales and Collection Cycle(英文版)(ppt 44页)
Revenue and Collection Cycle
Receiving and processing orders (granting credit)Delivering goods and services to customersBilling and recording of accounts receivableCollecting and depositing customer paymentsBank reconciliation
Accounts include:
Accounts ReceivableSalesCash - cash receiptsAllowance for Doubtful AccountsBad DebtsSales returns and allowancesSales Discounts