Sean Edwards, CPA, is engaged to audit the financial statements of Matthews Wholesaling for the year ended

Question:

Sean Edwards, CPA, is engaged to audit the of Matthews Wholesaling for the year ended December 31, 2007. Edwards obtained and documented an understanding of the internal controls relating to the and assessed control risk relating to at the maximum level. Edwards requested and obtained from Matthews an aged schedule listing the total amount owed by each customer as of December 31, 2007, and sent positive confirmation requests to a sample of the customers.

Required
What additional substantive audit procedures should Edwards consider applying in auditing the Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial... Accounts Receivable
Accounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that...