If you have debtors balance of Rs 2 crore, and having more than 200 customers then as Statutory Auditor of the Company how will you verify the same?

As the Statutory Auditor of the company, verifying a debtors balance of Rs 2 crore with more than 200 customers requires a systematic approach to ensure accuracy and completeness. The following steps can be taken: 1. Planning: Develop an audit plan specifically tailored to address the large number of customers and the significant debtors balance…....

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