Auditing · Audit Evidence and Subsequent Events

Which of the following audit procedures should be performed to conclude whether a company's financial statements should be amended for an irrecoverable customer receivable? 1. Review correspondence with the customer to assess the likelihood of payment. 2. Review entries in the bank ledger account after the reporting date for any receipts from the customer. 3. Recalculate the loss allowance to determine whether it covers the expected loss. 4. Discuss with management why they believe an adjustment is not required.