Requirement b. Identify the related accounts likely affected by the potential fraud misstatement Abbreviations used AP Accounts payable, AR Accounts receivable CGS = Cost of goods sold. Find assets) Likely accounts affected by potential fraud misstatement Use audit software to search purchase transactions to identify any with nonstandard vendor numbers or with vendor names reflecting related 1. parties 2. Search sales databases for missing bill of lading numbers. Use audit software to search for journal entries posted to the sales revenue 3. account from a nonstandard source (other than the daily sales jounal) Use audit software to search cash disbursement masteries for missing 4. check numbers Search the accounts receivable master file for account balances with missing D. or unusual customer numbers (eg."9999) Use audit software to create a list of all credits to the repair and maintenance 6 expense account for follow-up testing FARA alene mine man's minne The audit procedures listed below are included in the audit program because of heightened risks of material misstatements due to fraud. Read the requirements nonstandara vendor numbers or with vendor names terecung related 1. parties 2. Search sales databases for missing bill of lading numbers. Use audit software to search for journal entries posted to the sales revenue 3. account from a nonstandard source (other than the daily sales journal). Use audit software to search cash disbursement master files for missing 4. check numbers. Search the accounts receivable master file for account balances with missing 5. or unusual customer numbers (e.g., "99999"). Use audit software to create a list of all credits to the repair and maintenance 6. expense account for follow-up testing. Engage an actuarial specialist to examine management's assumptions about average length of employment and average life expectancy of retirees used in 7. pension accounting decisions. Send confirmations to customers for large sales transactions made in the fourth quarter of the year to obtain customer responses about terms related 8. to the transfer of title and ability to return merchandise