Reference no: EM132829226

Problem 1: identify significant risks and assess risk of material misstatement for account receivable

Problem 2: set performance materiality for account receivable

Problem 3: Assess control risk for sales and collection cycle

Problem 4: design and perform test of control and substantive test of transaction for sale and collection cycle

Problem 5: design and perform substantive analytical procedure for account receivable balance

Problem 6: design test of details of accounts receivable balance and related disclosures to satisfy balance related audit objective - audit procedure -sample size -item to select-timing