isen new (1) Ster of [1) 0- Currently employed at Auditors4U Inc., you have already completed the first two years of your three- year articles. Owing to your knowledge and experience, you have been appointed as the senior on the audit, for which the revenue and receivables sections have been assigned to you. After performing walk-through (ests on all the relevant sections, the audit manager has concluded that a substantive-based audit will be ich performed for the 30 September 20X1 year-end audit. (1) th) (1) You have received the following trial balance extracts from the financial manager of Prompt Health: the ACCOUNT DESCRIPTION ve (1) ACCOUNT sh NUMBER (1) cts [ 2) 1) d 1) Ques Prompt Health (Pty) Ltd (Prompt Health), a private hospital founded 15 years ago, focuses on neonatal and urological cases. In addition, the company is the 100% owner of a pharmacy, Health Products (Pty) Ltd Health Products), located on its premises, to which it sells medicines and related products at a 5% mark- With the exception of a handful of private patients, all Prompt Health patients have medical aids. Before up a patient in the latter category is admitted, authorisation for treatment is obtained from his/her medical ald. Although medical aids are able to pay outstanding amounts within 30 days, private patients need to pay in advance. Revenue e =8 1 J 15 marks] BS-025 BS-085 IS-001 IS-042 IS-095 Gross debtors Provision for bad debts Revenue Finance income Bad debts 20X1 ESTIMATED R'000 LEVEL 2 25 586 3 587 152 475 1475 1748 20X0 AUDITED R'000 21 586 2 897 141 586 1986 1875 REQUIRED Describe the substantive audit procedures that you would perform with regard to the 20X1 year-end revenue figure of Prompt Health in order t obtain appropriate audit evidence regarding the relevant audit [15] assertions (excluding classification).

With the exception of a latter category is adint in the late patients all Prompt Health patients have medical aids, Before if whough medical aids are able to pay outhotisation for treatnient is obained froct his her medical winadvance. cirrently employed at Auditors4U Inc, you have already completed the first two years of your threeof articles. Owing to your knowledge and experience, you have been appointed asthe senior on the audit, indich the revenue and receivables sections have been assigned to you. After performing walk through wits on all the relevant sections, the audit manager has concluded that a substantive-based audit will be prifurmed for the 30 September 20X1 year-end audit. in hase received the following trial balance extracts from the financial manager of Prompr Heaith: REQUIRED Utcribe the substantive audit procedures that you would perform with regard to the 20XI year-end thue figure of Prompt Health in order to obtain appropriate audir evidence regarding the relevant audit sertions (excluding classification). [15]