Why is it more important for an auditor to perform a search for unrecorded notes payable than

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Why is it more important for an auditor to perform a search for unrecorded notes payable than for unrecorded notes receivable? Discuss some audit procedures the auditor may use to uncover any unrecorded notes payable.

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Auditing and Assurance Services Understanding the Integrated Audit

ISBN: 978-0471726340

1st edition

Authors: Karen L. Hooks

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Question Posted: Jan 21, 2015 10:43 AM

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Why is it more important to search for unrecorded notes payable than for unrecorded notes receivable? Suggest audit procedures that the auditor can use to uncover unrecorded notes payable.
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Why is it more important for an auditor to perform a search for unrecorded notes payable than

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Auditing and Assurance Services Understanding the Integrated Audit

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