About Lesson
GAIN AN UNDERSTANDING OF:
The activities, information processing and documentation requirements in the cash receipts process
Key decisions to be made in the cash receipts process
Common controls in the cash receipts process
Reconciliations
Approvals
Segregation of duties
PERFORM:
Controls in the cash receipts process
Document the cash receipts process
Record revenue
In our last module we went through the cash receipts process at a high level. Now we’ll dive into the details.
By the end of the day, you should have a strong grasp of the process and you will actually perform the controls in the process, through case studies and practice problems.