Chapter 7 - Revenue and collection cycle. In this chapter, the learning objectives are: Discuss inherent risks related to the revenue and collection cycle with a focus on improper revenue recognition describe the revenue and collection cycle, including typical source documents and control procedures; give examples of tests of controls over customer credit approval, delivery, and accounts receivable accounting;. | Lecture Auditing & assurance services (5th edition) - Chapter 7: Revenue and collection cycle
