List the Steps Involved When the Auditor Reviews and Tests

question 42

Essay

List the steps involved when the auditor reviews and tests the process used by management to estimate the bad debts and the allowance for doubtful accounts .
1. What is the initial starting point for auditing accounts receivables?
2. Identify and describe three tests of details of transactions that would be performed in auditing accounts receivable.
3. Identify and describe the two most important tests of details of balances in relation to accounts receivable.

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