Revenue Cycle Audit Simulator
An Interactive Walkthrough of Sales, Cash Receipts, and Audit Procedures
Sales Transaction Flow
Follow a sales order from creation to accounting. Click each department to see key controls and audit tests.
1. Sales Dept.
Receives PO, prepares Sales Order.
→
2. Credit Dept.
Approves credit for the customer.
→
3. Shipping Dept.
Ships goods, prepares Bill of Lading.
→
4. Billing & A/R
Prepares invoice, records receivable.
Cash Receipts Flow
Follow a customer payment from receipt to the bank. Proper segregation of duties is critical here.
1. Mail Room
Opens mail, separates checks, prepares prelisting.
→
2. Cashier
Receives checks, prepares bank deposit.
→
3. A/R & Accounting
Updates subsidiary ledger and general ledger.
Key Audit Procedures & Assertions
Auditors perform specific tests to validate management's assertions about revenue and receivables. Click an assertion to see the related audit procedures.
