Accounts Receivable & Customer Credit Risk Checklist

What you'll find inside

• Customer and credit setup checks: verified master data, assessed credit limits, approved limit changes, related parties and credit insurance
• Order and collections checks: enforced credit holds, approved over-limit orders, cash application, risk-based collections and disputes
• Monitoring checks: aging by customer and salesperson, repeated overrides, past-due customers with new sales, provisions and concentration risk
• Risk prompts on control bypass, one-person control of an outcome and exceptions that have become normal practice
• An “evidence to retain” list for your workpapers, plus a Done / Review / N/A status key, with space for auditor notes and testing exceptions
• A completion page with six closing checks and a final conclusion, owner and follow-up date

Best for

• Internal Auditors
• Finance Auditors
• Risk Professionals
• Senior Internal Auditors

Resource information

Format:

PDF

Pages:

6

Price:

Free

Registration:

Not required