FEATURES OF THE AUDIT OF ACCOUNTS RECEIVABLE INVENTORY

The inventory is an integral part of any economic activity of the economic entity. That she will identify significant errors in the accounting section, that allows to fix them. Settlements with various debtors and creditors should be subject to inventory. Checking accounts receivable performance reliability in enterprise reporting help determine not only the approximate dates of repayment of doubtful debts, but the correctness of the operations on the account section. But as at the time of the inventory also can occur any errors, you should audit the order of inventory of accounts receivable. The purpose of the audit of accounts receivable is to check the legality of origination of the receivable and the timeliness of its maturity, the correctness of calculations and accounting activities carried out for the organization's leadership to eliminate the causes of the occurrence of unclaimed debt.