Hotel Accounts Receivable and Credit Review Audit Work Program
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Key Audit Procedures for Hotel Accounts Receivable
This sample document can be used by auditors for conducting a hotel or hospitality property’s accounts receivable (AR) and credit areas functions audit.
Receivable management and credit practices directly impact account charge-offs and related allowances as marketplace conditions, events and customer relations can impact variations in the revenue process. This area of the revenue cycle is important to cash flow utilization and a key indicator of financial operating health.