Greenleaf Organic Foods Inc.

Year-End Revenue Cutoff Testing

Fieldwork — manager review
Revenue
$42.8M
Cutoff sample
$1.2M
Exceptions
2 items
Materiality
$860K
Planning memoREVIEW

From: Sarah Okonkwo

To: Staff Associate

Revenue cutoff is elevated this year. Read planning-memo.pdf, then Workpaper A-4.2 with tb-extract.pdf handy. Two Dec shipments look premature — tell me if we need an adjusting entry or disclosure only. Reference audit guide §12.4.

Engagement file4
  • Planning1
  • Workpapers & TB2
  • Audit guidance1

Planning Memo — Revenue & Cutoff (Risk: Elevated)