Accounts Receivable and Collections Audit …应收账款和集合审计u2026.pdfVIP

WP # Audit of [Click here and type audit name] Accounts receivable/credit collections audit program Description Revision Info This program was last reviewed/updated on [Click to Insert Date here] Perf’d/ Workpaper Approved Reference Step Audit Procedure By I. Objectives of the Review 1. Evaluation of compliance with corporate policies and procedures. 2. Evaluation of overall efficiency and effectiveness of process internal controls and procedures. 3. Evaluation of processes and practices against known best practices. II. Work Program Steps Planning: a) Review known best practices and research the internet. b) Set up binder. c) Develop project plan and determine scope. d) Prepare budget. e) Plan a coordination meeting with Process Owner. f) Obtain Accounts Receivable process/functional overview and expense allocation. 4. Obtain a copy of Accounts Receivable and Credit Collections policies and procedures. Review procedures prior to beginning fieldwork. Draft any questions that may be asked during interviews and while process mapping. Review the following known best practices:  Eliminate barriers to payment by offering customers multiple payment options, flexible billing cycles, and incentives to pay early.  Create a single point of contact for all incoming customer calls regarding payments and use t