stupid, gullible, or both ;-), page-24

##If an audit partner has not gained sufficient audit evidence to give him assurance that the debtors are valid and recoverable at year end he/she will no sign a clean audit opinion.##
Well and truely understood for much longer than this thread has been going.

##The only real test of recoverability is subsequent receipt of cash.##
We'll have to agree to disagree.

##The debtors balance is the most material and risky item in NBS accounts. I have no doubt that the majority of the audit would have focussed on this.##
One would presume so.

Next topic.