Revenue, Expenditure, & Cash Cycles
The revenue, expenditure, and cash cycles are integral components of a business's operating activities, encompassing the processes from initiating sales transactions to collecting cash from customers, ordering and paying for goods or services from suppliers, and managing the inflow and outflow of cash, respectively. These cycles are fundamental in reflecting a company's liquidity, operational efficiency, and overall financial health.
Lesson Videos
Revenue, Expenditure, & Cash Cycles Overview
Revenue, Expenditure, & Cash Cycles Objectives
Introduction to Revenue, Expenditure, and Cash Cycles
Assertions in Auditing
Types of Audit Evidence
Tracing and Vouching
Subsidiary Ledger vs. General Ledger
Revenue Cycle
Auditing the Revenue Cycle
Auditing Accounts Receivable
The Cash Receipts Process
Expenditure Cycle
Auditing the Expenditure Cycle
Auditing Accounts Payable
The Cash Disbursements Process
Cash Cycle
Auditing the Cash Cycle
Bank Reconciliation
Cash Fraud Schemes
Revenue, Expenditure, & Cash Cycles Summary
Revenue, Expenditure, & Cash Cycles Practice Questions
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