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Board of Revenue Cause List Form

Board of Revenue Cause List Form

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not every company has the same revenue and collection cycle you could encounter a manufacturer that sells Goods on credit a retailer that sells goods for cash or a service provider that doesn't sell Goods like a massage therapist thus the auditor needs to get an overview of the various activities that make up a company's revenue and collection cycle let's assume the company is a manufacturer that sells Goods on credit the revenue and collection cycle would consist of five steps receiving and processing customer orders approve approving credit delivering goods and services billing customers and managing accounts receivable and collecting and depositing cash let's examine each step in Greater detail step one receiving and processing customer orders the revenue and collection cycle begins with a customer order being entered into the company's system the order could be generated through the company's website through the mail or when a custome

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