You are the key user of the firm's accounts receivable system and have been asked to lead

Question:

You are the key user of the firm's system and have been asked to lead an internal audit of this system. Outline the steps you would take to complete the audit. Identify specific problems you would look for.
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...