Why can poor controls over the existence of sales result in an overstated accounts receivable balance at

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Why can poor controls over the existence of sales result in an overstated accounts receivable balance at year-end?

Accounts Receivable
Accounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that...
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Auditing An International Approach

ISBN: 978-1259087462

7th edition

Authors: Wally J. Smieliauskas, Kathryn Bewley

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