CARRYING OUT ACCOUNTS RECEIVABLE AND ACCOUNTS PAYABLE IN ACCOUNTING (FINANCIAL) REPORTING
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Abstract
The article presents the data that accounts receivable and payable are part of the monetary relations of an enterprise, their value affects the formation of the market value of the business.The authors identified specific features of the assessment of receivables and payables, listed the problems that the appraiser faces when conducting this type of valuation research and proposed ways to solve them. In order to obtain a reasonable audit sample of receivables and payables, the auditor needs to adjust the population amounts in accordance with the nature of the audit evidence. Thus, the audit sample will be correct and consistent with the nature of the audit evidence in accordance with ISAs.
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References
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