Explain a sound control over the completeness of cash receipts associated with the situation described in the previous question? Explain a sound control over a public company’s process for controlling the appropriateness of the allowance for doubtful accounts? Assume you are auditing a public company with sound IT controls over the occurrence of revenue

Accounting Sep 18, 2020

Explain a sound control over the completeness of cash receipts associated with the situation described in the previous question? Explain a sound control over a public company’s process for controlling the appropriateness of the allowance for doubtful accounts? Assume you are auditing a public company with sound IT controls over the occurrence of revenue. Describe the IT control over the occurrence of revenue and how you would test the control.