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shopaka12 shopaka12
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A year ago
The most reliable evidence from confirmations is obtained when they are sent

▸ as close to the balance sheet date as possible.

▸ at various times throughout the year to different segments of the sample, so that the entire sample is representative of account balances scattered throughout the year.

▸ several months before the year-end, so the auditor will have adequate time to perform alternate procedures if they are required.

▸ at various times throughout the year to the same group in the sample, so that the sample will not have a time bias.
Textbook 
Auditing and Assurance Services

Auditing and Assurance Services


Edition: 17th
Authors:
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hfrankoshfrankos
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A year ago
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shopaka12 Author
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A year ago
Brilliant
ky
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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Thank you, thank you, thank you!
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