question archive S])You have been requested to review aspects of the revenue and receipts cycle of JenTwo (Pty) Ltd, a company which wholesales children's clothing

S])You have been requested to review aspects of the revenue and receipts cycle of JenTwo (Pty) Ltd, a company which wholesales children's clothing

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S])You have been requested to review aspects of the revenue and receipts cycle of JenTwo (Pty) Ltd, a company which wholesales children's clothing. The company was started a few years ago by Jenny Bird and has grown quickly. However, the accounting systems and related internal controls have not kept up with the growth of the company, resulting in an increase in bad debts, incorrect goods being sent and inventory losses. Jenny Bird has asked you to carry out the review and recommend procedures and controls to address these (and other) problems in the system.

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