1. Audit Program For Aerospace Industry
The auditor should perform procedures to test the contractor's contract status report. ... Accounts receivable testing should be performed in conjunction with revenue recognition. ... Therefore, the auditor should perform tests of controls in the payroll and contract cost accumulation area such as testing the contractor's procedures for charging labor costs to contracts. The auditor should also test material costs. ... The auditor should also test the financial via...
- Word Count: 1880
- Approx Pages: 8
- Grade Level: Graduate