HART CO

 BONUSES
1) Review the Bonus Agreement to check the tenure as well as the interest which is to paid as
per the agreement
2) Review a sample of Bonus payments and agree to the financial statements

3) Analyze whether additional payment of Bonus has been made this year

4) Agree the Bonus Payment with the Cash Book as well as the Bank payments

5) Review whether appropriate disclosure regarding bonus payment is made as per the Local
Legislation.

HARLEM CO

 Valuation of Trade Receivable

1) Select a sample of receivables from the receivable ledger and recalculate the amount and
agree the amount in the receivable ledger
2) Review the aged receivable listing and check whether there is any long term receivable which
requires a provision.
3) Inquire with the management why there is an increase in receivable Days from 38 to 51 days as
there is no change in provision