a. What is an accounts receivable aging report?
b. Why is an accounts receivable aging report needed for an audit?
c. What is an accounts receivable aging report used for in normal company operations?
d. What data will you need to prepare the report?
e. Where will you collect the data you need to prepare the report?
f. How will you collect the necessary data for the report?
g. What will the report look like (i.e., how will you organize the data collected to create the information your supervisor needs for the audit)? Prepare an accounts receivable aging report in Excel or another spreadsheet package.
h. How will you distribute the report? How many copies will you make? Who should receive the copies? What security features will you implement?