Compliance involves examining a set of key accounts including payroll, financial reporting, purchasing, payables and billing. |
He booked big receivables from customers who, strangely, didn't book matching payables. |
Important clues are also certainly found on the liability side, with unusual increases in account payables or increased debt levels. |
Total funds owed to members included member payables and other liabilities owed to patrons. |
Current liabilities fell 6 percent, due to decreasing amounts of short-term debt along with other accrued payables. |
The number crunching revealed high receivables, low payables, and ridiculously high inventory levels. |