Audit respond

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December 2, 2017 at 9:35 pm #419806
iyamu
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What should be an appropriate audit respond to an increased risk of irrecoverable debts ?
December 3, 2017 at 6:23 am #419861
Ken Garrett
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Do more work on their recoverability. Eg, try to wait until some are paid. Try to find out about customers’ financial strength. Look carefully at debt ages and disputes.
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