AR audit & internal controls
An accounts receivable audit tests whether your balances are real, collectible, and recorded in the right year.
Get an independent read on whether your receivables are real and collectible before a lender, a buyer, or an examiner asks. We confirm balances, test the controls behind them, and give you a figure you can hand over without flinching.
1,331+
Verified client reviews
16+
Years auditing experience
AICPA
Peer-reviewed firm
50
States served nationwide
What an Accounts Receivable Audit Tests
The books balancing is not the same as the books being true, and sorting out that difference is most of the work. We confirm balances directly with the customers who owe them, rather than only against your internal ledger, and we read an aging report by who is on it, not only by how old the balances are.
The weak point is rarely arithmetic. It is the internal controls. When the same person invoices, collects, and writes off, the ledger says what that person wanted it to say, which is where the real review time goes.
What we review
What an Accounts Receivable audit reviews
Existence
Whether the recorded receivables actually exist, confirmed directly with customers.
Collectibility
Whether the people who owe the money can actually pay. Three growing balances tied to one struggling client is a pattern, not noise.
Cut-Off and Timing
Whether the revenue landed in the correct year.
Allowance Adequacy
Whether the allowance for doubtful accounts is high enough. When it is too low, the income statement looks healthier than the business is.
Internal Controls
Whether invoicing, collection, and write-offs are properly separated.
Where exposure builds
Where receivable exposure builds
Uncollectible Balances Carried as Good
Amounts parked in the 90-day column for a year that documentation cannot prove were ever collectible.
A Write-Off That Fails on Exam
A wrong or mistimed bad-debt write-off stops being a bookkeeping issue and moves onto your tax return, with an accuracy-related penalty on top.
An Allowance Set Too Low
An understated allowance inflates income and misleads every reader of the statement.
One Person Controlling the Cycle
Invoicing, collecting, and writing off without an independent second set of eyes.
Talk to a CPA about your receivables
If a balance has been nagging at you, or a lender or buyer wants verified figures, reach out.
We will tell you where the number really stands and what it takes to make it defensible. No obligation, and all handled by a professional.
Who an Accounts Receivable audit is for
A good fit if you:
- Have a balance that has sat in the 90-day column too long.
- Need verified figures for a lender or a credit facility.
- Are facing buyer diligence questions about your receivables.
- Suspect your allowance for doubtful accounts is too low.
- Want a clean, defensible AR number before anyone asks for one.
Whether you are a small business or a larger operation, the engagement is scoped to your ledger and your reason for the review.
Why a CPA firm
Why an Accounts Receivable audit needs a CPA firm
An independent opinion
A reconciliation tool matches invoices to payments. It cannot judge collectibility or issue an opinion a bank or buyer will accept.
Representation
If the IRS questions a write-off, a licensed CPA can stand in front of them on your behalf. That is a licensing difference, not a marketing line.
Peer-reviewed work
We are an AICPA peer-reviewed firm, so the review you receive has itself been reviewed.
A senior second read
No file rests on one person. Bad-debt and timing calls go through senior review before any opinion is issued.
Why choose Dimov Audit
Why businesses bring receivable work to Dimov Audit
Confirmed balances, defensible bad-debt calls, and an opinion that lenders, buyers, and the IRS accept — backed by hundreds of engagements across every state.
500+
audit and attestation engagements
50
states served, nationwide coverage
AICPA
peer-reviewed firm
CPA
licensed representation if the IRS asks
Scoping
What drives the cost of an Accounts Receivable audit
AR audit work is priced by the engagement, not a flat rate.
We size the work against your situation and give you a clear quote before you commit.
Contact
Connect with Dimov Audit
Our dedicated team is ready to assist you on your path to financial success.
211 E 43rd St Suite 628
New York, NY 10017
United States
Accounts receivable audit FAQs
Are your financials audit-ready?
Are Your Financials Audit-Ready?
At Dimov Audit, we pride ourselves in quick communication, accurate work, and seamless delivery.