A review of the terms of client debt agreements assists the audit of the presentation and disclosure assertion for accounts receivable.

Name: A review of the terms of client debt agreements assists the audit of the presentation and disclosure assertion for accounts receivable.
Brand: Quizplus
Rating: 4.9 (32 reviews)

Question

Quizplus · Accepted Answer

Reviewing the terms of client debt agreements can help auditors verify the accuracy of the presentation and disclosure of accounts receivable, such as ensuring that allowances and write-offs are reported properly.

A Review of the Terms of Client Debt Agreements Assists