Unformatted text preview: How do we learn of these restrictions? review loan agreements, correspondence, confirmation with creditor. E. Disclosure of general collateral, terms, restrictive covenants and compensating balances. F. What statistical approach is most appropriate? 100% G. Audit Program for N|P a (easy audit) confirm w/ bank verify computations and postings b. (difficult audit) search for unrecorded liabilities in addition...
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- Fall '08
- Debt, C. Unrecorded N|P, G. Audit Program