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eFishie eFishie
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7 years ago
A) Describe the differences between positive and negative confirmations. Which type is more reliable?

B) Discuss the advantages and disadvantages of using negative accounts receivable confirmations rather than positive confirmations.

C) Discuss the circumstances in which it is acceptable to use negative confirmation requests.

D) The auditor's decision regarding the type of accounts receivable confirmation to use involves a continuum, starting with using no confirmations in some circumstances, to using only negatives, to using both positives and negatives, to using only positives. Discuss the primary factors affecting this decision.
Textbook 
Auditing: The Art and Science of Assurance Engagements, Canadian Edition

Auditing: The Art and Science of Assurance Engagements, Canadian Edition


Edition: 12th
Authors:
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inthe80sinthe80s
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eFishie Author
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6 years ago
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