26 Jun WHAT ACCOUNTS ARE INCLUDED IN THE REVENUE CYCLE?
One-half page What accounts are included in the revenue cycle?Discuss the U.S. Securities Echange Commission’s (SEC) criteria for revenue recognition.How would internal controls impact your audit?What types of tests would you utilize to test the internal controls for the revenue cycle? Goodwriter on Mon, 2014-11-24 08:33 1549 4.531955: 5.00 answer body preview (0 words)file1.doc preview (196 words)Running head: AUDITING LAB 1 3Auditing Lab 1Name quite number of accounts that prevalent revenue The account is which is main account; other accounts the accounts allowance for and cash criteria that been developed by the SEC include followed complete, then persuasive arrangement to a taken place. The in criteria is that be where the loses the the contract. controls used to assets, prevent errors and which is to work & Rittenberg, understanding of the internal controls by auditor will systematic errors increase substantive testing. Various tests conducted on the control which includes the analytical procedures, compliance and Reference K. M., A. & E. (2014). Auditing: risk-based to conducting quality audit Mason, South-Western
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