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Which of the following statements is correct?
Katseye
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Which of the following statements is correct?
Which of the following statements is correct?
▸ Auditors must obtain bank confirmations for audits of nonpublic entities.
▸ Auditors are required to obtain bank confirmations under international auditing standards.
▸ Auditing standards do not address specific requirements regarding bank confirmations.
▸ Auditing standards do not require bank confirmations.
Textbook
Auditing and Assurance Services
Edition:
17
th
Authors:
Arens, Elder, Beasley, Hogan
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Auditing standards do not require bank confirmations.
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Helped a lot
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