Week 4 – Assignment: Audit a Cash and Collection Cycle

The cash and collection cycle is the process of ensuring that employees and management properly control customer billings and cash receipts. You will analyze the company’s cycle listed below.

 

Complete the Earthwear mini cases entitled “Audit of Cash” for Chapter 16:

 

Select Chapter 16 titled “Audit Cash”.

Complete work papers 16-1, 16-2, 16-3 and 16-4.

Submit your work papers within a Word document for your course instructor.

Support your response with minimum of five (5) resources. In addition to these specified resources, other appropriate scholarly resources, including older articles, may be included.

 

Length: 5-7 pages not including title and reference pages

 

Your response should demonstrate thoughtful consideration of the ideas and concepts presented in the course and provide new thoughts and insights relating directly to this topic. Your response should reflect scholarly writing and current APA standards where appropriate. Be sure to adhere to Northcentral University’s Academic Integrity Policy.

External Resource (S): Books and Resources for this Week

1.      Messier, W. F., Glover, S. M., & Prawitt, D. F. Auditing and assurance services: A systematic approach. New York, NY McGraw-Hill Higher Education.

Read Chapter 16

 

2.      Budescu, D. V., Peecher, M. E., & Solomon, I. (2012, May). The joint influence of the extent and nature of audit evidence, materiality thresholds,…

 

3.      ACC-7030-Rubric 4

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