Auditing and Governance Risk and Compliance

Auditing Revenue and Receivables

Revenue is a key performance measure and a frequent area of misstatement and fraud. This course covers auditing revenue and receivables: revenue recognition principles, order-to-cash controls, cut-off, credit notes, pricing and discounts, receivables ageing, provisions and collection processes.

5 days Classroom or live online English

Smart Horizon Certified - Global Leadership Consultants

Take the course details with you.

Download the full standard outline: why attend, methodology, objectives, audience, competencies, the daily outline and current plans.

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Why attend

From knowledge to real-world impact.

Revenue manipulation has caused many corporate scandals. You will learn to audit revenue with appropriate scepticism.

Workplace challenges

Professional Problems This Course Is Designed to Solve

The programme explores practical approaches to the following challenges. Results depend on how the learning is applied in your organisation.

Difficulty translating subject knowledge into practical workplace decisions.
Inconsistent approaches to the activities covered in the course outline.
Lack of a structured plan for applying and reviewing new skills.

Course methodology

How you will learn.

Process walkthroughs, cut-off testing, analytics exercises and case studies of revenue fraud.

Course objectives

What you'll take away.

By the end of this course, participants will be able to:

Explain revenue recognition principles
Audit order-to-cash controls
Test cut-off and completeness
Review pricing, discounts and credit notes
Audit receivables ageing and provisions
Identify revenue fraud red flags

Target audience

Who should attend.

This course is suitable for:

Internal and external auditors
Finance controllers
Credit managers
Audit managers
Revenue accountants

Target competencies

Capabilities you will build.

Participants will develop competencies in:

Revenue recognition
Control testing
Cut-off testing
Receivables analysis
Fraud awareness

Course outline

Your learning journey.

A focused, practical outline with time to explore, apply and reflect.

Day 1Revenue Risks

09:00–10:08Revenue recognition
10:08–11:00Fraud schemes
11:00–11:30Coffee break
11:30–11:45Fraud schemes (continued)
11:45–12:53Key controls
12:53–14:00Case study

Day 2Order to Cash

09:00–10:08Order processing
10:08–11:00Billing
11:00–11:30Coffee break
11:30–11:45Billing (continued)
11:45–12:53Pricing controls
12:53–14:00Workshop

Day 3Cut-Off and Completeness

09:00–10:08Cut-off tests
10:08–11:00Unbilled revenue
11:00–11:30Coffee break
11:30–11:45Unbilled revenue (continued)
11:45–12:53Analytics
12:53–14:00Exercise

Day 4Receivables

09:00–10:08Ageing
10:08–11:00Provisions
11:00–11:30Coffee break
11:30–11:45Provisions (continued)
11:45–12:53Collections
12:53–14:00Exercise

Day 5Credit Notes and Reporting

09:00–10:08Credit notes
10:08–11:00Red flags
11:00–11:30Coffee break
11:30–11:45Red flags (continued)
11:45–12:53Findings
12:53–14:00Action plan

The timings provided are estimates and may vary depending on the number of participants and the discussions taking place during the sessions. They are indicative only and do not constitute a binding commitment.

Dates & venues

Find a session that works for you.

Confirmed dates accept registration requests. Tentative dates are enquiry only.

Good to know

A few things to know.

How is the course delivered?

Our classroom programmes combine facilitated discussion, case studies, exercises and reflection. The precise format will be confirmed before enrolment.

Can you deliver this programme for our team?

Yes, you can enquire about a tailored programme. Share your goals, group size and preferred dates with our learning team.

Will I receive a certificate?

Participants who complete the programme receive a Smart Horizon UK certificate of attendance. Smart Horizon UK programmes are not externally accredited and do not award a professional qualification, licence or designation. Where a course title or outline refers to a professional certification (for example, AACE International's Certified Cost Professional), the programme supports learning and preparation only; the credential itself is awarded solely by the relevant professional body under its own application and examination requirements.

What should I confirm before booking travel?

Please confirm the session, exact venue, accessibility arrangements, fees and any visa requirements with the team before arranging travel. Tentative dates are not confirmed sessions.

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