A new auditor is assigned to the allowance for doubtful accounts Essay

A new auditor is assigned to the allowance for doubtful accounts and perform the analytical procedures detailed in the chart. There have been no significant changes during the year in either the client’s credit policies or customer base. Are there any auditing concerns about adjusting the allowance for doubtful accounts based on the information shown below?

2018 2017 2016

Client/Industry Client/Industry Client/Industry

Allowance/AR 8.3/7.2 8.5/7.4 8.3/7.4

Days AR Outstanding 32.4/23.8 28.6/25.1 28.3/24.7[supanova_question]

please reflect on the previous weeks’ topics. Choose a topic you found to be difficult or hard to understand

Accounting Assignment Help answACCT 608 Week 4: DiscussionIn this discussion, please reflect on the previous weeks’ topics. Choose a topic you found to be difficult or hard to understand. Research this topic and present your findings. Include a summary of the topic, why you found the topic to be difficult, and what you learned after conducting the research. You MUST use the APUS Library to conduct your research. The topic I found most difficult so far is debt covenants in lending agreements in chapter seven of our book.
Book
Title: Financial Reporting and Analysis, with Connect 7th ed
Author:
Revsine, L., Collins, D.W., Johnson, W.B., Mittlestaedt, H.F., [supanova_question]