Question
Explain why the allowance for doubtful accounts is a high risk audit area. Why do we use the allowance for doubtful accounts? Who is responsible
Explain why the allowance for doubtful accounts is a high risk audit area. Why do we use the allowance for doubtful accounts? Who is responsible for establishing an adequate reserve? What is the auditors role? How would the auditor audit this account?
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IT Auditing Using Controls To Protect Information Assets
Authors: Chris Davis, Mike Schiller, Kevin Wheeler
3rd Edition
1260453227, 978-1260453225
