CLIENT NAME:_________________________ Date Completed: FOR THE PERIOD ENDED: ______________________ Reviewed By: SUBJECT: LONG TERM LOANS AND ADVANCES
Objective: A. Ensure that all amount representing loans and advances could reasonably be expected to be realized in future and appropriately recorded. B. Ensure that loans and advances appearing at the balance sheet date has accurately been computed and accounted for. C. Ensure that all loans and advances are appropriately classified and adequate disclosures have been made in accordance with the applicable IFRS/GAP and relevant laws and regulations. D. Ensure that allowances for doubtful debts are accurate adequate at the balance sheet date.
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