Problems That May Occur In Accounting
Unintentional Errors
An accounting-related item is unintentionally misrepresented or is measured inaccurately.
Problems with receivables
Accounts receivable is money owed to a business by its clients (customers or debtors) and shown on its balance sheet as an asset. It is one of a series of accounting transactions dealing with the billing of a customer for goods and services that the customer has ordered.