The document discusses audit procedures for receivables and revenue. It describes obtaining an understanding of the client and assessing risks related to receivables and revenue. It outlines evaluating internal controls over receivables and revenue and designing tests of controls and substantive procedures to verify existence and occurrence, completeness, cutoff, valuation and presentation. Specific procedures mentioned include confirmation of receivables, analytical procedures, and reviewing subsequent cash receipts. It also covers auditing areas like revenue recognition, related party transactions and allowance for doubtful accounts.