Thanaporn Trangkatrakan 5815538
A/R
The additional substantive procedures that Edwards should consider performing
to complete the audit of Matthews wholesaling’s accounts receivable and related
allowances include the following:

Test the cut-off of sales, cash receipts, and sales returns and allowances.

Evaluate the reasonableness of all allowances against receivables.

Perform analytical procedures for accounts receivable, such as sales returns
and allowances to sales, bad debt expense to net credit sales, accounts receivable
turnover, and days’ sales in receivables.

Determine that Matthews’s revenue recognition policies are appropriate,
including policies for consignment sales.

Review activity after the balance sheet date for unusual transactions, such as
large sales returns.

Determine whether any accounts receivable are pledged or factored.

Determine that the presentation and disclosure of accounts receivable and
related allowances are in conformity with general accepted accounting principles.