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Home Q & A Board Other Fields Homework Help Business Accounting
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NinjaRick NinjaRick
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A year ago
The direct receipt of a confirmation from every bank with which the client does business is

▸ required by auditing standards for every audit.

▸ not necessary unless material fraud is suspected.

▸ recommended but not required by auditing standards.

▸ necessary for every audit except when there are an unusually large number of active accounts.
Textbook 
Auditing and Assurance Services

Auditing and Assurance Services


Edition: 17th
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Hollywood1971Hollywood1971
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A year ago
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This site is awesome
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