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About Audit of Accounts Receivable: Western Economic Diversification Canada Audit and Evaluation Branch October 2009
Western Economic Diversification Canada had an audit of its accounts receivable from 2007 to 2009. The audit found that WD had improved its efforts to clean up remaining receivables by writing off uncollectible debts. However, the audit recommended that WD sustain its focus on accounts receivable and write off uncollectible accounts in a timely manner. The audit also found minor inaccuracies in interest calculations and a lack of documentation for some collection activities. It concluded that WD should document its accounts receivable processes to prepare for a potential increase in such accounts going forward.
Detailed Information
| Author: | ['A_Anthony06'] |
|---|---|
| Publication Year: | 2013 |
| Pages: | 13 |
| Language: | English |
| Format: | |
| Price: | FREE |
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