Accounts Receivable Audit Program

AP-3: ⇒Audit Program for Accounts Receivable
Company Balance Sheet Date
| |
| The company has the following general ledger accounts that are classified in the accounts, notes, or other receivables captions of the |
|balance sheet: |
| |General | |Description or |
| |Ledger | |Brief Purpose |
| |Number | |of the Account |
| |FINANCIAL STATEMENT ASSERTIONS | | |
| |E/O Existence or occurrence. V/A Valuation or allocation. | | |
| |C Completeness. P/D Presentation and disclosure. | | |
| |R/O Rights and obligations. | | |
| |AUDIT OBJECTIVES | | |
| | A. Accounts receivable are authentic obligations owed to the company at the balance | | |
| |sheet date (assertions E/O, R/O, and V/A).