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Cash receipt testing

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AA Exams › Cash receipt testing

  • This topic has 0 replies, 1 voice, and was last updated 8 years ago by Anuja Nair.
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  • December 2, 2016 at 4:57 am #353038
    Anuja Nair
    Member
    • Topics: 365
    • Replies: 353
    • ☆☆☆☆

    Hi sir, just to clarify with you, the 2 procedures below actually means the same thing right ?

    Extended post year end cash receipt testing should be performed to asses valuation

    AND

    Review after date cash receipts to assess whether any payments have been made.

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