26
Jan
Jan
One type of credit memo is issued by a seller in order to reduce the amount that a customer owes from a previously issued sales invoice. A force pay debit memo is used to ensure payment is made upfront before any goods or services are delivered. For example, a gas station may issue a force […]
19
Jul
Jul
While audit findings are generally accepted as accurate, confirming their authenticity demands extensive verification of the auditor’s research. Historical instances have shown that companies can suffer grave losses due to oversights in audits. Inherent risk is generally considered higher where a high degree of judgment and estimation is involved, or entity transactions are highly complex. […]