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Author Question: When dealing with fraudulent financial reporting risk for accounts payable, (Read 44 times)

Dannyrod2

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on: Aug 21, 2022
When dealing with fraudulent financial reporting risk for accounts payable,
◦ companies will generally tend to overstate accounts payable.
◦ it is difficult for the auditor to verify if all liabilities have been recorded if prenumbered receiving reports are used.
◦ companies have used fictitious reductions to accounts payable to overstate net income.
◦ accounts payable is rarely a significant risk area for fraudulent financial reporting.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by Dannyrod2 on Aug 21, 2022

Sha

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Reply #1 on: Aug 21, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Dannyrod2

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Reply 2 on: Aug 21, 2022
YES! Correct, THANKS for helping me on my review

31809pancho

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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