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The fee arrangement between a client and an attorney should be settled and put in writing at the initial client interview.
Petty Cash Receipts
Documentation of small amounts of cash expenditures from a petty cash fund, used for minor business expenses.
Internal Control Problems
Weaknesses or failures in a company’s system of policies and procedures that govern its operations and financial reporting.
Gaps
Refers to missing elements or disparities in data, knowledge, or performance that need to be addressed.
Slow Payments
Payments made by a debtor that are consistently made later than agreed upon terms, leading to delayed receipt of funds by the creditor.
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