Question: In your reading this week, you will learn about the audit of specific accounts, including accounts receivable, revenue, inventories, and cost of goods sold. Select
In your reading this week, you will learn about the audit of specific accounts, including accounts receivable, revenue, inventories, and cost of goods sold. Select your favorite merchandising or manufacturing company and assume that you are part of the financial statement audit engagement team. From this perspective, address the following in your initial post:
Assess two specific risks associated with the audit of accounts receivable and revenue and audit procedures that you might use to address those risks.
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